Sandro has always dreamt of becoming a professional. To achieve his goal, Sandro has enrolled in the Universidad San Fransisco Xavier. He plans on graduating in March, 2014 but without a loan from Vittana he thinks that he may need to take time off to work and save until he can return to school.
With this loan, Sandro plans on purchasing his much needed textbooks and school supplies. With the proper books, Sandro feels he will be able to study more effectively and earn better grades. In addition to his responsibilities at school, Sandro currently works 30 hours a week and earns $20 a day. With a degree in business he expects to earn $25 a day.
Sandro's parents were never able to complete their primary education. For his family of seven, finances have always been tight. As the youngest of 4, with one older sibling attending college already, Sandro is unsure how he will be able to finance his education on his own without the assistance of a Vittana Loan. Sandro's father works as a taxi driver and his salary is the family's primary source of income. Sandro hopes to be able to contribute towards his family's income in the near future. To help afford his school and living expenses, Sandro currently works as an independent contractor.
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.