Becoming a professional has always been Ismael's dream. Ismael is currently attending the Universidad Autonoma Tomas Frias, working towards his degree in business. He plans on graduating in November 2014, but without a loan from Vittana he may need to take time off to work and save until he can return to school.
With the loan, Ismael plans on using the loan to pay for his tuition. One of his biggest challenges has been making time to work and go to school. Currently Ismael earns $7 a day. With a degree in business he expects to earn $10 a day. As the youngest of 2, with one older sibling attending college already, Ismael is unsure how he will be able to finance his education on his own. Ismael currently works 30 hours a week to help afford his school and living expenses.
This loan is administered by Vittana's partner Banco Fie.
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.