Luis dreams of becoming a professional. Luis was accepted into the Universidad Salesiana De Bolivia and now with the chance to achieve his dream is concerned about affording tuition fees. He plans on graduating in June 2014, but without a loan from Vittana he fears that he will need to defer his graduation.
With the loan, Luis plans on purchasing much needed textbooks and school supplies. With the proper books, Luis feels he will be able to study more effectively and earn better grades. One of his biggest challenges has been making time to work and go to school. With a degree in business he expects to earn $20 a day. With two other siblings, Luis is unsure how he will be able to finance his education without the assistance of a Vittana loan. Luis currently works 30 hours a week as a sales representative to help pay for 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.