Funded

Total loan: $1,650
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Julio


A loan of $1,650 helped to purchase medicines, especially those used for therapy and cosmetics, so he can increase his supply.


Julio's story

Julio used his previous loan to purchase medicines such as anti-inflammatory drugs, antihistamines, antibiotics, and flu syrup. With his business well stocked, Julio managed to increase his sales as a direct result of his Kiva loan. He is currently applying for a new Kiva loan, which he will use to purchase medicines, especially those used for therapy and cosmetics, so he can increase his supply. Julio’s new Kiva loan will allow him to gradually increase his working capital and to make purchases in larger quantities than he normally does—this, in turn, will allow him to get discounts on products, which will provide him with a significant profit margin.

Julio sends a message to Kiva lenders: “Thank you for your solidarity and your support to the microenterprise sector. With your help I have managed to get ahead.”

Translator profile picture

Translated from Spanish by Kiva volunteer Chris Knutson



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)