Ponciano was born in Tingo Maria, Huanuco Province in the Peruvian highlands. He came to the capital to be able to study and carve out a better future to be able to help his mother who waits for him in his hometown. She lives alone, as his father died when he was 14 years old. Since then, it's just been her and his three brothers who he currently lives with, his older brother, Macario, is the one who has been responsible for taking care of him and his studies, as well as those of his older brother. Ponciano was helping with the payments, thanks to the fact that he was working part time, but due to the timetable in his institution he had to leave his job.
Due to this, he is currently in a complicated situation, having to pay the cost of financing his studies, as both his older and younger brothers are also studying now, not to mention the cost of transportation, food and rent for the room where they live.
Ponciano is thankful to the Kiva lenders for all the support they have provided him with so far, as for him it will be possible to reach his dream of being a professional and thus be able to reach all of his goals.
Ponciano nació en Tingo Maria, provincia de Huanuco, sierra del Perú. El vino a la capital para poder estudiar y labrarse un mejor futuro para ayudar a su madre que lo espera en su ciudad natal. ella vive sola ya que su padre falleció cuando el tenia 14 años. Desde entonces han sido ella y sus tres hermanos con los que vive actualmente, su hermano mayor, Macario, es quien se esta haciendo responsable de su mantenimiento y estudio, conjuntamente a los de su hermano menor. Ponciano estuvo ayudándolo con los pagos, gracias a que estuvo trabajando a medio tiempo, pero debido al horario en su instituto a tenido que dejarlo.
Es por esto ultimo que actualmente se esta complicando el poder financiar el costo que implican sus estudios, ya que tanto su hermano mayor como el menor también se encuentran estudiando, muy aparte del gasto por transporte, comida y el alquiler del cuarto donde viven.
Por todo esto tendría que abandonar sus estudios y comenzar a trabajar nuevamente, de no contar con el apoyo de los prestamistas de Kiva.
Los tres hermanos estudian carreras técnicas que se complementan y tienen pensado poner de manera conjunta un taller en su ciudad natal y así poder velar por el bienestar de su madre.
Ponciano agradece a los prestamistas de Kiva por todo el apoyo que le pueden brindar ya que con el sera posible que cumpla su sueño de ser profesional y con esto ser capaz de alcanzar todas sus metas.
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.