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Julio Cesar
Juan was born in Satipo, a region of Junin between the mountains and Peruvian rain forest. He came to Lima in order to study and to be able to excel in life. His family lives in their hometown and he lives alone in the capital with his older brother who helps him financially since his parents barely earn enough to survive with what they make selling the fruits and tubers that they harvested on the their farm.

He studies business administration and currently is taking his final course. He is close to graduating however financial problems may prevent from fulfilling him dreams if he does not have the support of Kiva lenders.

He is very interested in continuing to study and having his technical courses officially recognized by a university. In doing this, he will be able to expand his knowledge in human resources, an area that he would like to work in as a professional.

He wishes to ask and at the same thank the Kiva investors for their support in taking this final step towards his professional degree. Additionally he wants to say that he will work from the outset to ensure the repayment of the loan they're giving him. He understands that thanks to this money he will be able to study and finish his career and that the repayment is vital for Kiva investors to continue helping young eager people fulfill their dreams. He believes education is the vital point for achieving those dreams.
View original language description ↓
Julio nació en Satipo, departamento de Junin entre la sierra y selva peruana y vino a Lima para estudiar y poder superarse en la vida. Sus familia se encuentra en su lugar de origen y el vive solo en la capital junto a su hermano mayor quien lo ayuda económicamente ya que sus padres apenas ganan lo suficiente para sobrevivir con lo que les generan la venta de frutas y tubérculos que cosechan en su chacra.
El estudia administración de empresas y actualmente cursa su ultimo ciclo y esta próximo a graduarse, sin embargo problemas económicos podrían impedir que cumpla sus sueños de no contar con el apoyo de los prestamistas de Kiva.
El esta muy interesado en seguir estudiando y convalidar sus estudios técnicos en alguna universidad que se lo permita para así poder profundizar sus conocimientos en el área de recursos humanos, área donde le gustaría desempeñarse al ser profesional.
El desea pedirle y a su vez agradecer el apoyo que puedan brindarle los prestamistas de Kiva para dar este ultimo paso hacia su titulo profesional, ademas quiere decirles que el trabajara desde el primer momento para poder garantizar la devolución del préstamo que le darán, ya que entiende que gracias a ese dinero el podra estudiar y acabar su carrera y que el devolverlo es vital para que los prestamistas de Kiva puedan seguir ayudando a jóvenes deseosos de cumplir sus sueños, donde el considera que la educación es punto vital para conseguirlos.

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
  • 48
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    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 $1,975 helped Julio Cesar to complete his last course of studies in industrial management.
61% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
At end of term
Jul 5, 2014
Aug 6, 2014
Currency Exchange Loss: