Funded

Total loan: $1,125
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Julio Rafael


A loan of $1,125 helped purchase rice, powdered milk, oil, shoes, purses, and wallets.


Julio Rafael's story

Julio Yépez is 28 years old and lives with his wife in San Juan Nepomuceno. From there they built their dream of traveling to Venezuela so that they can live, work, and seek a better future. They opened a store in the neighboring country, but gradually the situation there became difficult and they decided to find a way to move forward. Julio and his wife returned to their hometown and started a business selling provisions brought over from Venezuela as well as buying handicrafts from San Juan Nepomuceno to sell in Venezuela.

Julio is currently requesting his first Kiva loan which will be used to buy provisions such as rice, powdered milk, and oil as well as shoes, purses, and wallets. This funding will provide available operating capital to continue receiving low prices for the goods he sells without having to bring them over from Venezuela. His dream is to have a larger store and convert it into a warehouse where he can sell merchandise in bulk to stores, local distributors, and other entities in the surrounding areas.

With this business, Julio and his wife are able to build a future for their family so that when they are ready to have children, they can provide all the conditions to raise and educate them.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

15 months
Disbursed date: September 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)