Daniel comes from a home where his parents were separated. He currently lives with his mother and his two younger siblings. They haven't had any news from the father back home, as he doesn't support the family, not even the two younger boys who are still minors. His mother works as a traveling salesperson, selling clothing through the streets. This is the family's only income. She's worked hard so that her oldest child, Daniel, could continue with his schooling, but now the money won't stretch. The support she received from her son's paid internship has run out now that the work has ended. Daniel is enrolling in his last term in his Industrial Design program, and he's just months from graduating. Nevertheless, it won't be possible without the support of Kiva lenders.
Daniel is anxious to finish his schooling so that he can start working and help his mother and brothers. He's the oldest of the three children, and he wants to set a good example for the younger ones, encouraging them to stay in school and work hard to get ahead. Daniel is confident and grateful to the Kiva lenders for their support of his education, and in this particular case, this final push that he needs to finish his schooling successfully.
Daniel proviene de un hogar de padres separados y vive actualmente con su madre y sus dos hermanos menores. En casa no tienen noticias del padre ya que este no aporta a los gastos de la casa, ni siquiera por sus hermanos que aun son menores de edad.
Su madre vende ropa en la calle de manera ambulante y es el único sustento del hogar, ella se a esforzado mucho para que su hijo mayor, Daniel, pueda seguir estudiando, pero actualmente el dinero no le alcanza porque la ayuda que recibía de su hijo por las practicas remuneradas que hacia a terminado porque estas concluyeron.
Daniel esta cursando su ultimo ciclo en la carrera de diseño industrial y esta a solo meses de graduarse, sin embargo esto no sera posible sin la ayuda de los prestamistas de Kiva.
El esta ansioso de poder culminar sus estudios para poder comenzar a trabajar y ayudar en casa a su madre y hermanos. El es el mayor de tres hermanos y como tal quiere ser un ejemplo a seguir para los menores, que estudien y se esfuercen por salir adelante.
Daniel confía y agradece a los prestamistas de Kiva por su gran apoyo a la educación y en su caso particular, a darle ese ultimo impulso que necesita para poder culminar sus estudios de manera exitosa.
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.