Paulo Cesar comes from a home where his parents are separated. He lives with his mother who works as a cleaning woman in someone's home for which she receives a small salary. She is the only one who supports them as his father hardly contributes any money. Paulo Cesar is the youngest of 4 siblings, none of whom is a professional. This is why there are great hopes and expectations that he will be able to complete his studies.
He is a great student with a very good academic performance, and thanks to his efforts he will be the recipient of a scholarship provided by a private company. But this will be just for the fourth cycle and he is now in the second. Without the help of Kiva lenders to cover these two cycles he will have to abandon his dreams of improving himself. He needs this help and this is why he is requesting and is grateful for Kiva's help, pointing out that he will continue to study very hard to keep up his grades so he will be able to enjoy the previously mentioned scholarship.
Paulo Cesar dreams of being the first professional in his family, opening a heavy machine repair shop, and helping his mother and his family get ahead.
Paulo Cesar proviene de un hogar de padres separados, vive con su madre quien trabaja como empleada de limpieza en una casa por lo cual recibe un salario mínimo, siendo ella el único sustento del hogar ya que su padre apenas aporta eventualmente con algo de dinero.
Paulo Cesar es el menor de 4 hermanos, ninguno de ellos profesional, por esto es que hay gran expectativa y esperanza en que el logre culminar su carrera.
El es un gran estudiante con un muy buen desempeño académico, por lo que gracias a su esfuerzo sera acreedor de una beca de estudios financiada por una empresa privada, pero esto recién se dará a partir del cuarto ciclo y el esta cursando actualmente el segundo, por lo que de no contar con la ayuda de los beneficiarios de Kiva para continuar estudiando estos dos ciclos, deberá abandonar sus sueños de superación.
El necesita de dicho apoyo y es por esto que invoca y agradece cualquier apoyo que puedan brindarle los beneficiarios de Kiva señalando que estudiara muy duro como hasta ahora para seguir manteniendo el buen desempeño académico que lo llevara a gozar de la beca antes mencionada.
Paulo Cesar tiene el sueño de ser el primer profesional de su familia, abrir un taller de mantenimiento de maquinaria pesada y así ayudar a su madre y familia a salir adelante.
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.