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Nesthor Paul
Nesthor Paul is a young medical student. He is applying for a loan to be able to pay his educational expenses. This is his story:

My name is Nesthor. I am 21 years old and I now live in La Vega, Dominican Republic. I am single, without children, and I have two siblings. My parents are of scarce resources, and they work at domestic duties.

I am a medical student at UCATESI. I decided to study for this career because I love it and because I want to help other people of scarce resources to have better medical attention. The subjects that I am most passionate about are anatomy, physiology, and histology.

I decided to turn to a loan from Kiva-FUNDAPEC since I don't have the necessary resources to be able to cover the expenses, and my parents can't bear the costs. If I don't obtain this loan, I will not be able to continue studying, since I don't have a job, and what my parents earn barely gives us enough to survive.

My goal is to train as a doctor, taking maximum advantage of the learning process and then being able to choose to do my master's degree and be able to serve my community.
View original language description ↓
Nesthor Paul es un joven estudiante de medicina, él solicita un préstamo para poder pagar sus gastos educativos, esta es su historia: Mi nombre es Nesthor, tengo 21 años y actualmente resido en La Vega, Rep. Dom., soy soltero, sin hijos y tengo 2 hermanos, mis padres son de escasos recursos y se dedican a los quehaceres domésticos.
Soy estudiante de medicina en la UCATESI, decidí estudiar esta carrera porque me apasiona y porque quiero ayudar a otras personas de escasos recursos a tener mejores atenciones médicas, las materias que más me apasionan son: Anatomía, Fisiología e Histología.
Decidí recurrir al préstamo de KIVA-FUNDAPEC ya que no tengo recursos necesarios para poder cubrir los gastos y mis padres no pueden costeármelos, de no obtener este préstamo no podría seguir estudiando ya que no tengo un trabajo y con lo que ganan mis padres a penas nos da para sobrevivir.
Mi meta es formarme como médico aprovechando al máximo el proceso de aprendizaje y luego poder optar por hacer mi maestría y poder servirle a mi comunidad.

Additional Information

More information about this loan

The education loans administered by FUNDAPEC can have loan terms of up to 12 years, which includes a grace period of up to 5 years. The grace period includes the time during which the student is enrolled at university. During the grace period, the borrower is not required to make any repayments, and the lenders will not receive any repayments. Please make sure loan terms and repayment schedules suit you before lending.

About FUNDAPEC

FUNDAPEC is a student lending organization headquartered in Santo Domingo, Dominican Republic. Its vision is to broaden access to education for all Dominicans, and offers financing to everyone from high school students to graduate students to afford tuition and educational supplies like laptops. Kiva lenders’ funds are used to help students pay for their educations. These loans are post-disbursed, and will not be provided to students until they are fully funded by Kiva lenders.

Tags

About Dominican Republic

  • $9,700
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,150,000
    Funds lent in using Kiva
  • 42.6
    Dominican Republic Pesos (DOP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $3,425 helped Nesthor Paul to cover the fees for his studies in medicine.
0% repaid
Repayment Term
94 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Dec 27, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible