Susan is a young woman who is 29 years of age. She lives with her mother, Doña Rosa, who is a housewife. Her father, who is already deceased, provided her with unconditional support so that she could become a professional. At La Universidad Autónoma de Honduras (Autonomous University of Honduras), Susana completed an undergraduate degree in Banking and Finance. In addition, she developed a constant desire to excel. With great dedication, Susan and her siblings worked at a young age so that they could contribute to the family expenses and finance their own studies. It is for this reason that they are considered to be responsible and determined individuals who are prompt with their obligations.
Susan’s thirst for professional growth and improvement has motivated her to continue her studies at the postgraduate level. She is pursuing a Masters in Finance at La Universidad Técnica de Honduras (Technical University of Honduras), where she has maintained an academic grade average of 89%. Susana believes that having a better education will help her make better decisions in her family life and in her profession so that she can contribute to the improvement of the country and obtain better opportunities to develop herself. She continues to strive day after day. Her next goals include learning English as a second language, which will open more doors of opportunity.
La joven Susan tiene 29 años de edad, reside con su madre doña Rosa quien es ama de casa, su padre ya fallecido le brindo su apoyo incondicional para lograr profesionalizarse en la Universidad Autónoma de Honduras con el título de licenciatura en banca y finanzas además inculco en ella el deseo constante de superación. Con mucha dedicación Susan y sus hermanos ha trabajado desde temprana edad para contribuir al sustento familiar y financiarse sus propios estudios, por lo que se considera una personas muy responsable, luchadora y puntual con sus obligaciones. El deseo de crecimiento profesional y superación, la motiva a continuar sus estudios a nivel de postgrado cursando su maestría en Finanzas en la Universidad Técnica de Honduras manteniendo un índice académico de 89%. Cree que teniendo una mejor educación alcanzará tomar mejores decisiones en su vida familiar y laborar, que contribuirá a mejorar a su país, logrando así obtener mejores oportunidades de desarrollo. Continuará esforzándose día a día entre sus próximas metas se encuentra el aprender el idioma inglés como su segunda lengua abriéndole mas puertas para emprender.
About this loan
Fundación CREHO (Honduran Foundation for Educational Loans) is a lending institution founded in 2002 in Tegucigalpa that focuses exclusively on student loans. It aims to be the leading private lending organization offering education loans in the country, contributing to the transformation of Honduras by supporting the training of qualified people.
Kiva funding will be used to support three different types of loans: university degrees, technical and vocational degree programs, and school supplies such as laptops and textbooks. Partnering with Kiva will allow Fundación CREHO to offer long-term, low interest loans with less stringent guarantee requirements to students who otherwise have almost no options to finance their education. Furthermore, at least one-third of Kiva funding will help the organization target students from low-income households and who lack the collateral generally required for these loans.
Please note that Fundación CREHO is a non-traditional Field Partner, in that they are a student lender, not a microfinance institution. Loans to students attending a university degree program may have terms up to 10 years and lenders should not expect to receive payments while the student is still attending the university (4-5 years). In addition, payment plans are uploaded to Kiva for the full tuition cost, however if for any reason the full amount is not needed to complete the degree program, the unused balance will be repaid to lenders as a pre-payment as early as possible.