Kevin lives in Lima together with his mother and her siblings. His parents are separated and his father hasn't provided any economic support since he left.
Kevin is an only child and helps his mother in her small business renting lights for parties, which is the only source of direct family income. His aunts and uncles do help with household expenses, but are unable to support him with tuition costs.
His mother's business is event-based, so the income from it is sporadic and isn't enough to pay for Kevin's course of study in the institute. Without relying on the help of Kiva lenders, he will soon have to leave it to begin working.
Kevin would like to thank Kiva lenders in advance for any help he can receive, which will help him fulfill his dream of finishing his career in mechanical design and having a future working on what he likes so much.
He would like to tell Kiva lenders that he feels blessed with the opportunity to be helped by them and that he will not defraud them, that he will study very hard to finish his degree and be a good man for society.
Kevin vive en Lima junto a su madre y tíos, sus padres son separados y su padre no aporta económicamente en nada desde que se fue. El es hijo único y ayuda a su madre en su pequeño negocio de alquiler de luces para fiestas, única fuente de ingresos familiares de forma directa, ya que sus tíos si bien aportan en los pagos del hogar, no pueden ayudarlo con sus gastos de estudios.
El negocio de su madre es eventual, por lo que el ingreso de dinero es esporádico y no alcanza para pagar la carrera de Kevin en el instituto. Pronto tendrá que dejarla para comenzar a trabajar de no contar con la ayuda de los prestamistas de Kiva.
Kevin desea agradecer de antemano cualquier ayuda que pueda recibir por parte de los prestamistas de Kiva, ayuda que le permitirá cumplir su sueño de terminar su carrera de dibujo mecánico y en un futuro trabajar en lo que tanto le gusta.
El quiere decirle a los prestamistas de Kiva que se siente bendecido con la oportunidad de ser beneficiado por ellos y que no los defraudara, que estudiara mucho para terminar sus estudios y ser un hombre de bien para la sociedad.
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.