Maryori Graciela is 22 years old. She is a single mother with great aspirations for her small daughter and her family. She is considered a very responsible person in her personal life and in her student life: she is punctual, disciplined and above all has solidarity with others.
Maryori believes that her daily motivation to keep studying and facing life's challenges is her family and her daughter, since she wants to improve their standard of living and provide a good education to her little one. She recognizes and admires the efforts her mother has made for her by supporting her in her studies and helping her care for her daughter. She feels committed to being a successful person.
This young woman wants to contribute to her country by improving herself, since young people today are facing a difficult environment.
Maryori Graciela tiene 22 años años de edad, es madre soltera con muchas aspiraciones para su pequeña hija y su familia. Se considera una persona muy responsable en su vida personal y en su vida estudiantil, es puntual, disciplinada y sobre todo solidaria.
Maryori considera que la motivación diaria para continuar estudiando y seguir afrontando la vida es su familia y su hija, ya que desea mejorar sus condiciones de vida y brindar una buena educación a su pequeña, reconoce y admira el esfuerzo que su madre ha echo por ella al apoyarla en sus estudios y ayudarle en el cuidado de su hija se siente comprometida a ser una persona de éxitos.
La joven desea contribuir a su país mediante su superación, ya que hoy en día los jóvenes se enfrentan a una situación difícil.
About this loan
Fundación CREHO (Honduran Foundation for Educational Loans) is a lending institution founded in 2002 in Tegucigalpa that focuses exclusively on student loans. It aims to be the leading private lending organization offering education loans in the country, contributing to the transformation of Honduras by supporting the training of qualified people.
Kiva funding will be used to support three different types of loans: university degrees, technical and vocational degree programs, and school supplies such as laptops and textbooks. Partnering with Kiva will allow Fundación CREHO to offer long-term, low interest loans with less stringent guarantee requirements to students who otherwise have almost no options to finance their education. Furthermore, at least one-third of Kiva funding will help the organization target students from low-income households and who lack the collateral generally required for these loans.
Please note that Fundación CREHO is a non-traditional Field Partner, in that they are a student lender, not a microfinance institution. Loans to students attending a university degree program may have terms up to 10 years and lenders should not expect to receive payments while the student is still attending the university (4-5 years). In addition, payment plans are uploaded to Kiva for the full tuition cost, however if for any reason the full amount is not needed to complete the degree program, the unused balance will be repaid to lenders as a pre-payment as early as possible.