Yhon is originally from Moquegua, a department located in the mountains of Peru, and he came to Lima with his parents for reasons of education and work.
He now lives with his parents and his younger sister. His father is a factory worker and earns the minimum wage.
Yhon was studying in Arequipa, a department close to his birthplace of Moquegua. Nevertheless, for the reason mentioned initially, he had to leave his studies. On arriving in the capital, he was working to help his family and to save to be able to begin his studies, and thus he managed to apply, enter, and register in the course in Electronic Engineering, a course that he was covering with his half-time work. But on passing to the second semester, due to a scheduling conflict with his work hours, he had to leave it [his job], and now he doesn't have sufficient economic resources to be able to continue with his studies. For this reason, it will be impossible for him to continue with his studies without the help of the Kiva lenders.
He came to the capital to study and advance. This is his dream, to have a career and be able to help his parents and little sister. For this reason, he is very grateful for the opportunity that the Kiva lenders can offer him, thanks to the financing of his studies, to finish his course and be a professional.
Yhon es oriundo de Moquegua, departamento ubicado en la sierra del Perú, y vino a Lima con sus padres por motivos de estudio y trabajo.
Actualmente vive con sus padres y su hermana menor. Su padre es obrero en una fabrica y gana el salario mínimo.
Yhon estuvo estudiando en Arequipa, departamento cerca a su natal Moquegua, sin embargo por lo mencionado inicialmente tuvo que dejar sus estudios.
Al llegar a la capital estuvo trabajando para ayudar a su familia y ahorrar para poder iniciar sus estudios y así logro postular, ingresar y matricularse en la carrera de Ingeniería Electrónica, carrera que estuvo costeando con su trabajo a medio tiempo, pero al pasar al segundo semestre por cruce del horario con sus horas de trabajo tuvo que dejarlo y ahora no cuenta con los recursos económicos suficientes para poder continuar con sus estudios, por lo que le sera imposible seguir con su carrera de no contar con el apoyo de los prestamistas de Kiva.
El vino a la capital para estudiar y salir adelante, ese es su sueño, tener una carrera y poder ayudar a sus padres y hermanita, por esto es que esta muy agradecido con la oportunidad que pueden brindarle los prestamistas de Kivas, gracias al financiamiento de sus estudios, de terminar su carrera y ser profesional.
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.