Cesar’s parents are separated. He currently lives with his mother and his younger brother. They do not have any type of support from their father. His mother works in the area of public cleaning in the municipality where she lives. Her salary barely covers the household food expenses. Therefore, Cesar would not be able to go to school without the support of the Kiva lenders.
Cesar would be the first in his family to take higher education courses. Doing so would be a great achievement for him and for his whole family. He wishes to be a great professional and to work in order to be able to help his family. He will be an example for his younger brother, and he will help him to be able to follow his footsteps in the future.
Cesar is grateful to the Kiva lenders for all of the support they provide him with so that he is able to fulfill his dream of going to school and to soon become a successful professional.
He believes that the support that each Kiva lender provides is a great show of generosity and of love for their fellow man. It causes a large, positive ripple effect in the development of those most in need.
Cesar proviene de un hogar de padres separados, actualmente vive con su madre y su hermanito menor y no cuentan con ningún tipo de apoyo por parte de su padre. Su madre labora en limpieza publica en el municipio donde vive y su sueldo apenas alcanza para cubrir los gastos de alimentación en el hogar, por lo que Cesar no podría estudiar de no contar con el apoyo de los prestamistas de Kiva.
Cesar seria el primero de su familia en cursar estudios superiores, por lo que hacerlo seria un gran logro para el y toda su familia. El desea ser un gran profesional y laborar para poder ayudar a su familia, siendo un ejemplo a seguir para su hermano menor y ayudarlo a que pueda seguir sus pasos en el futuro.
Cesar agradece a los prestamistas de Kiva por todo el apoyo que le brindan para que pueda realizar su sueño de estudiar y ser pronto un profesional de éxito.
El considera que el apoyo que realiza cada prestamista de Kiva es una gran muestra de desprendimiento y de amor al prójimo del ser humano y que causa un efecto multiplicador positivo en el desarrollo de los mas necesitados
More information about this loan
This loan is structured on Kiva.org as a bullet-loan, or featuring only a single payment at the end of the loan term. Kiva's partner IPFE offers students an optional grace period and flexible repayment schedule, as their capacity to repay is limited and often unpredictable during the course of their studies. This means that although this student client is likely to make a number of small, gradual repayments over the course of his or her loan term, Kiva and IPFE are unable to project when exactly these will occur. Therefore, although these payments have not been factored into the repayment plan on Kiva, you will likely be reimbursed for a portion of this loan before the bullet payment at the end of the loan term.
IPFE is a non-profit organization that was created to provide affordable credit facilities for students who want to gain access to quality higher education. IPFE benefits from a solid reputation with high profile personalities on its Board, which ensures solid ties to both the public and private sector in Peru.
IPFE seeks to expand its student loan portfolio by providing loans to the low-income population with the aim of securing jobs in the thriving technical industry. This will consequently lead to stronger economy and a lower unemployment rate in Peru.