Sergio is asking for a loan to help him finish his university payments and graduate on time. Currently he works forty hours a week in addition to a full school schedule in order to afford his university costs. With the help of a loan, Sergio predicts that he will be able to graduate at the end of this new year. Currently he lives at home and although both his parents had the opportunity to complete college, two of this three siblings are also in college, an expense that far outreaches their family income. Sergio is studying law because he believes in justice and hopes to help others in his community receive the legal support they need. He describes himself as responsible, hard working, and driven to get ahead. Without out the opportunity for a loan Sergio shares that he thinks his best option would be to put school on hold while he works and saves money. With an degree in Law and an entry level job that it could garner, Sergio hopes to earn more than double what he is earning now.
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.