Edgar has always dreamed of becoming a professional. Edgar is currently attending the Universidad San Fransisco Xavier, working towards his degree in business. He plans on graduating in December, 2013 but without a loan he fears that he will need to defer his graduation.
Edgar plans on using the loan to cover the cost of his graduation fees. Often there are fees for earning your title in business before graduating. In addition to his responsibilities at school, Edgar currently works 30 hours a week and earns $16 a day. With a degree in business he expects to earn $20 a day.
Unfortunately, Edgar's parents never had the opportunity to complete their high school education. Without the opportunity for a higher degree, his parents never had the chance to move up. Growing up Edgar's family finances have always been tight. With three older siblings attending college already, Edgar is unsure how he will be able to finance his education on his own without the assistance of a Loan.
This loan is administered by Banco Fie, Vittana's local partner.
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.