In Bolivia, submitting a thesis and receiving a degree are accompanied by fees. In fact, the final semester of many university programs is often more expensive than any other part of the university experience. Rosmery is ready to graduate and earn her law degree but she is stuck. Unable to afford the final step of her program, she faces the threat of having to postpone her education and return to work.
Rosmery’s parents own a barbershop and make just enough to support their four children. Rosmery has a child of her own and as the oldest, she wants to set a good example for her brothers and be the first in her family to earn a university degree.
She is passionate about law and shares that she “loves reading and truly cares about the laws and obligations of all people.” With her degree she hopes to be able to improve her city of Sucre. She describes it as a “beautiful city with lots of culture.”
More information about this loan
This loan is admnistered by Vittana's partner Banco Fie
Vittana is a nonprofit that aims to provide access to education for millions of young people struggling to overcome poverty around the world. All Vittana loans are administered by local MFIs which are vetted and approved by Vittana staff. For a list of Vittana's MFI partners, please click here.
Vittana loans provide students with degrees and certificates that lead to higher paying jobs and sustainable livelihoods. Capital to fund Vittana loans comes from its crowdfunding website, investment funds and strategic partnerships. Today, more than 6,000 students in 12 countries have received a Vittana loan and are repaying at a rate of 99.8%. With the help of the Kiva community, Vittana is expanding its work and graduating a generation beyond poverty.