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Julio Cessar
“Discipline and the desire to get ahead make any goal a great success.” This is Julio’s statement. He is a young man with the desire to progress and become a small businessman. He is looking for the money he needs in order to put together his business idea. This will improve his quality of life, and it will lend a needed service in his area. In spite of having very good ideas, he does not now have the monetary resources. That is why he has turned to a loan in order to fulfill his dream.

His business project is basically providing internet and photocopying services, selling minutes, and selling stationery items.

He will use the loan to adapt the place and to buy stock. He hopes to be able to be well-received and to grow, which will allow him to expand within the sector.
View original language description ↓
“La disciplina y las ganas de salir adelante hace de cualquier reto un gran éxito” Esta es la frase de Julio, un joven que con el deseo de progresar y convertirse en microempresario se encuentra buscando el dinero necesario para el montaje de su idea de negocio, el cual mejorará su calidad de vida y prestará un servicio carente en su localidad. A pesar de que tiene muy buenas idear hoy no cuenta con los recursos monetarios por lo cual ha recurrido a un crédito para materializar su sueño.
Su proyecto de negocio se basa fundamentalmente en la prestación del servicio de Internet y fotocopiadora, venta de minutos y artículos de papelería.
Con el crédito adecuará el local e invertiría en la compra de surtido.
Espera poder tener una buena acogida y obtener un crecimiento que le permita expandirse dentro del sector.

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

Important Information

This loan is structured on Kiva as a bullet loan, which means a single payment is required at the end of the loan term. By Colombian law, Kiva's partner Interactuar is required to offer borrowers loans with a variable interest rate that fluctuates with the market rate. Because fixed monthly payments are applied first to interest and then to principal, Interactuar is unable to predict upfront what portion of each repayment would go towards the loan principal. This creates a challenge with Kiva's system, which doesn't allow for unpredictable principal payments, and can result in some Interactuar clients appearing falsely delinquent. To remedy this, the loan has an end-of-term repayment plan on Kiva, but the borrower will continue scheduled monthly repayments to Interactuar, who will then pass along the principal amount to Kiva lenders. This means that you may see repayments made on this loan throughout the repayment term, as opposed to receiving repayment in full at the end of the loan term.

About Colombia

  • $11,100
    Average annual income
  • 359
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Julio Cessar to buy computers and stationery items.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 21, 2013
Currency Exchange Loss:
Mar 17, 2016