Eddy dreams of working in public finance. He currently attends the Universidad San Francisco Xavier but without the ability to purchase the materials he needs to study Eddy feels unsure about how he will manage his final year of school. Furthermore without the opportunity to use a computer and engage with his school subjects on a practical level Eddy does not feel confident about his ability to perform in the job market. Currently Eddy lives at home with his brother, two sisters, and his parents. He has one other sibling who is attending college as well. Their father’s painting salary is not enough to cover their tuition and household expenses so in addition to their school responsibilities they each work 30 hours a week. Eddy makes around $5 a day but with access to the types of accounting jobs his degree could qualify him for, Eddy is expecting to earn around $12 a day. He fears that without the necessary materials to compliments his courses, he will be unable to find a job after he graduates next December. Eddy is passionate about accounting and dreams of a better life for himself and his family.
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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.