A loan of $9,350 helped with higher education costs.

Nayade Teresa's story

Nayade Teresa is a young marketing student. She is seeking a loan to be able to cover her education costs. This is her story:

My name is Nayade Teresa, I am 21 years old and I live in San Cristobal, south of the city of Santo Domingo. I currently live with my parents, and I am the eldest of three siblings. The income that my household obtains is through my work and my mother's work, but it is not enough for the needs of my household considering that we live outside of the city and I have a lot of transportation costs to to travel from my province to the city.

I am currently in my fifth quarter of my marketing degree at one of the best univeristies, Apec University. I enjoy this field because it allows me to develop as a negotiator, and be able to in the future create my own business that can become my way to earn a living when I become independent because it is always good to not only earn an income from your job, but to also have your own income to cover unforeseen expenses like the ones that my family has had to experience lately.

Without the help of this loan, I will not be able to continue my education as at the moment, I do not have the resources to cover the expenses. When I began my second quarter at the university, I found myself in need of taking out a loan to continue my education, believing that my family's financial situation would improve. However, now in my fifth quarter, I find myself in a situation where I will not be able to continue because the money that I need to pay back the first loan is a lot, and I would not be able to cover my transportation costs for which I have designated part of my income.

I find myself again having to put my education on hold if I do not find the necessary resources to cover my final quarters. For this reason, it is important for me to be able to count on you so that I can continue my education, charge ahead, and reach the goals I have set for myself such as becoming a professional so that I can contribute to my society with my knowledge and help my family get ahead.

Translated from Spanish by Kiva volunteer Roberto Henry

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