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Eross Joel
Eross is the eldest of three siblings and will be the first in his family to become a professional by graduating from university. Eross' parents are separated; his mother is a seamstress and the only source of income for the family as Eross' father does not contribute anything.

Eross mother works very hard to support the household. Eross greatly values the efforts that his mother makes in order for him to finish his degree in industrial management.

Eross is starting his second year and tuition fees have increased two-fold. He can therefore no longer continue to study as his mother cannot pay this amount of money, and Eross does not currently have the support of Kiva lenders.

Eross needs lower tuition fees in order to continue studying. This will be feasible if Eross is able to benefit from the support of Kiva lenders. Eross wants to thank lenders for understanding his financial situation and his loan application.

Eross wants to continue with his degree and do a paid internship while studying. This will help his mother with the costs of his education, and will help Eross' mother to pay for the costs of medication and treatment for Eross' younger brother, who has respiratory difficulties.

In the near future Eross would like to gain experience working for a large business. He dreams of having his own business.
View original language description ↓
Eross es el mayor de tres hermanos y sera el primero de su familia en llegar a ser profesional. Proviene de un hogar de padres separados y su madre que trabaja de costurera en su casa es la única fuente de ingresos, ya que su padre no aporta a la economía familiar.
Su madre trabaja muy duro para poder mantener el hogar y Eross valora mucho el esfuerzo que realiza su madre para que el pueda acabar su carrera en administración industrial.
El pasa a segundo ciclo y la pensión de su instituto se a incrementado al doble, por lo que no podrá seguir estudiando dado que su madre no puede pagar dicho importe, esto de no contar con el apoyo de los prestamistas de Kiva.
Eross necesita una cuota menor para poder seguir estudiando, cuota que sera factible alcanzar de ser beneficiado con el apoyo que otorgan los prestamistas de Kiva, por lo que el desea darles las gracias al comprender su situación económica y su petición de apoyo para poder continuar.
El desea seguir con su carrera y hacer practicas pre-profesionales remuneradas mientras estudia, para así poder ayudar a su madre no solo con sus gastos de estudios, sino también con el costo del tratamiento y medicinas de su hermano menor que sufre del aparato respiratorio.
El desea en un futuro próximo ganar experiencia trabajando en una gran empresa y sueña con tener su propio negocio.

Additional Information

More information about this loan

This loan is structured on 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.

About IPFE:

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.


About Peru

  • $12,000
    Average annual income
  • 178
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $5,025 helped Eross Joel to achieve his dream of being the first professional in his family.
22% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
At end of term
Jul 15, 2014
Aug 8, 2014
Currency Exchange Loss: