Check out some available loans that are similar to this one!
Charles Denicherts
Charles is studying Education with a concentration in Mathematics, and he needs a loan in order to be able to complete his degree.

Here is his story: My name is Charles, and I’m 38 years old. I was born in the city of Azua in the municipality of Padre de las Casas, in the southern part of the Dominican Republic, and currently l live in El Seíbo, which is in the East. I am married and I have 5 children—2 boys and 3 girls. I’m the oldest of 4 brothers, and my parents worked very hard to give me the best education that they were able. My father is a farmer and my mother is a nurse.

I began my studies at O&M University with a degree in Mathematics—I realize that I have had numerical abilities since I was young—but I am unable to pay for them. It has been difficult for me to make the monthly payments, and at this time I cannot continue paying for my program, as I do not have sufficient resources; and without approval for this loan it will be impossible for me to complete my degree. If it is approved, it would be very important for me, as it would change my life and that of my family, and I would be able to give my children a better quality of life.

I dream of being a mathematics professor in my city, in order to leave a legacy to my children and to my students. Then, I will continue preparing myself in order to keep improving the methodology for the teaching of mathematics in the classroom, so that students will look at math as a game instead of a problem.
View original language description ↓
Charles es un hombre que estudia Educación Mención Matemáticas, él necesita un préstamo para poder terminar su carrera, esta es su historia: Mi nombre es Charles, tengo 38 años de edad, nací en la ciudad de Azua, municipio de Padre las Casas, al sur de República Dominicana. Resido actualmente en el Seíbo al este de República Dominicana, soy Casado, tengo 5 hijos 2 niños y 3 niñas. Soy el primero de 4 hermanos; mis padres se esforzaron para darme una buena educación dentro de sus posibilidades, mi padre es agricultor y mi madre es enfermera.
Inicie mis estudios en la universidad O&M, una licenciatura en Matemáticas, desde niño me di cuenta que poseo habilidades con los números, pero no puedo costearlos me ha sido difícil pagar las mensualidades; en estos momentos no puedo seguir pagando mi carrera ya que no poseo recursos suficientes y sin una aprobación de este préstamo sería imposible finalizarlo, en caso de ser aprobado, sería muy significativo para mí ya que cambiaría mi vida y la de mi familia y podría darles una mejor calidad de vida a mis hijos.
Sueño con ser profesor de matemáticas en mi ciudad, para dejar un legado a mis hijos y estudiantes, después me seguiré preparando para seguir mejorando la metodología de enseñanza de las matemáticas en las aulas, que los estudiantes vean las matemáticas como un juego y no como un problema.

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.


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.


About Dominican Republic

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 42.9
    Dominican Republic Pesos (DOP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $3,925 helped Charles Denicherts to cover the costs of higher education.
0% repaid
Repayment Term
106 months (Additional Information)
Repayment Schedule
May 6, 2014
Apr 13, 2014
Currency Exchange Loss: