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Julio Cesar

Update on Julio Cesar

With his previous Kiva loan Julio bought a cart to distribute juice. He also got a heated cabinet. He even had enough to buy raw materials and supplies with which he increased his production. Now his business has a better presentation and the sales have increased.

Julio sends the following message to his Kiva lenders. “I thank you, and may you continue with this beautiful work of helping small business people.”

He currently applied for a Kiva loan with which he bought a canopy to protect himself from the sun and the rain. This way he is able to extend his working day until much later.
View original language description ↓
Julio con su anterior credikiva compró un carro para distribuir los jugos, adquirió también una vitrina calentadora y hasta le alcanzó para comprar materias primas e insumos con los que aumentó su producción. Hoy su negocio tiene una mejor presentación y las ventas se incrementaron. Julio envía el siguiente mensaje a sus financiadores de Kiva: Le doy gracias y que continúen con esa hermosa labor que es la de ayudar a los pequeños empresarios” En la actualidad aplicó a un credikiva mediante el cual compró una carpa para protegerse del sol y del agua lluvia, para poder extender su jornada de trabajo hasta mas tarde.

Previous Loan Details

Julio, 41, is a married man; he lives in a traditional neighborhood in the south of the city. He sells fried snacks and natural orange juice there. Initially he was employed by a firm but it went out of business and he was left unemployed. With his severance pay he started his adventure in h... More from Julio Cesar's previous loan »

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Colombia

  • $11,100
    Average annual income
  • 221
    View loans »
    Colombia Loans Fundraising
  • $16,925,975
    Funds lent in using Kiva
  • 1,813.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Julio Cesar to buy a canopy to protect himself from the sun and the rain.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 18, 2013
Mar 23, 2013
Currency Exchange Loss:
Nov 18, 2013