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Julio Cesar
Julio Cesar is 57 years old. He takes care of his 3 children. He has been in the business for 19 years. He started his business with his own empty bags and a little capital he had and it started to grow. His business is the sale of empty bags and plastic containers. These are very useful since most people use them to store corn, rice, beans and other products. He really enjoys his work. The goal of this loan is to provide working capital for the purchase of inventory since demand has increased lately. His dream is to finish a house for him and his children.
View original language description ↓
Julio Cesa tiene 57 años de edad. Tiene 3 hijos a su cargo. Tiene 19 años de dedicarse a este negocio. Por lo que inicio con sacos vacios propios y con un poco capital que tenía por lo que así fue que su negocio incremento en cierto momento. Su actividad económica es la venta de sacos vacios y envases plásticos. Por lo que son muy útiles ya que la mayoría de las personas los ocupa para guardar maíz, frijoles, arroz, entre otros productos y le gusta mucho su trabajo. El destino del financiamiento es para capital de trabajo para la compra de materia prima ya que últimamente tiene mucha demanda. El sueño de él ha sido terminar de construir su vivienda para él y sus hijos.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $4,800
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Julio Cesar working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 30, 2009
Dec 19, 2009
Currency Exchange Loss:
Jan 15, 2011