Andrea lives in the crowded district of Agustino and very early every day she travels two hours to her center of study. She lives with her mother and her siblings. She comes from a home of separated parents and her father does not contribute to her upkeep. Her mother works as an attendant at a public bath and is the only person sustaining the family. She needs to pay for the school and studies of her other two brothers so there is not enough money to pay for Andrea's textile sewing course. If she cannot count on the support of the lenders from Kiva she will have to abandon her studies and start to work. Andrea wants the support so that she has more accessible payments which will allow her to pay month by month. This would make it possible for her to study. She promises to pay promptly and without getting behind with her loan. She would like to thank the valuable support given by the lenders at Kiva and wants to tell them that what they are doing for these young people is a great work of love for others for which God will shower with blessings.
Andrea vive en el populoso distrito del Agustino y todos los días viaja muy temprano aproximadamente 2 horas para llegar a su centro de estudios.
Ella vive con su madre y sus hermanos, proviene de un hogar de padres separados y su padre no ayuda económicamente en la manutención.
Su madre labora atendiendo un baño publico y es el único sostén familiar y tiene cubrir ademas los gastos de colegio y estudios de sus otros dos hermanos, por lo que el dinero no le alcanza para poder financiar la carrera de confecciones textiles de Andrea, por lo que pronto deberá abandonar sus estudios y comenzar a trabajar de no contar con el apoyo de los prestamistas de Kiva.
Andrea desea que la ayuden para tener con el préstamo una cuota mas accesible que le permita poder cancelarla mes a mes y hacer posible que continúe estudiando, ella cumplirá fielmente y sin atraso con las mismas.
Ella quiere agradecer el valioso apoyo que le brindan los prestamistas de Kiva y quiere decirles que esto que hacen por los jóvenes es una gran tarea de amor al prójimo por la cual sabe bien que Dios los colmara de bendiciones.
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.