Jean Paul lives in the outskirts of Lima, in the Huachipa neighborhood, with his mother and younger siblings. He gets up very early and travels 3 hours by bus to make it to his classes on time.
Jean Paul's mother has had to be mother and father to him and his siblings, as his father separated from her some time ago. His father currently lives in Pucallpa, in the Peruvian jungle. Jean Paul's mother came from Cajamarca, in the Peruvian sierra, to the capital to look for a better future. She currently works as a laborer for a company, where she earns minimum wage. Jean Paul would soon have to abandon his studies due to a lack of funds if it weren't for the help of the Kiva lenders.
Jean Paul dreams of getting his mother and his younger siblings ahead. But first he needs to finish his technical studies and start working. He firmly believes that he will be able to realize his dream, thanks to the help of the Kiva lenders. He thanks them in advance for all the help they may offer.
Jean Paul hopes to become a great professional and a man of means so that his mother can feel proud of him. In addition, he wants to be an example for his younger siblings to follow. He will help them to follow the good path that he, himself, is traveling.
Jean Paul vive a las afueras de Lima en la localidad de Huachipa junto a su madre y hermanos menores. El se levanta muy temprano y viaja 3 horas en bus todos los días para llegar a tiempo a sus clases.
Su madre a tenido que ser a su vez padre para el y sus hermanos ya que su padre se separo de ella hace un tiempo y vive actualmente en Pucallpa, selva peruana, y apenas envía dinero para ayudar en el hogar, ella vino de Cajamarca, sierra peruana, a la capital en busca de un mejor porvenir y actualmente labora de obrero en una empresa ganando el salario mínimo, por lo que pronto Jean Paul tendrá que abandonar sus estudios por falta de recursos económicos para poder continuar de no contar con la ayuda de los prestamistas de Kiva.
Jean Paul sueña con sacar adelante a su madre y hermanos menores pero antes debe de terminar su carrera técnica y comenzar a trabajar, sueño que cree firmemente poder alcanzar gracias al apoyo de los prestamistas de Kiva, por lo cual les agradece de antemano toda la ayuda que le pueden brindar.
El desea convertirse en un gran profesional y hombre de bien para que su madre se sienta orgullosa, ademas de ser ejemplo a seguir para sus pequeños hermanos a quienes ayudara para que sigan por el buen camino que el esta recorriendo.
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.