Pamela dreams of becoming a professional. She was accepted into the Universidad Católica Boliviana San Pablo, and now with the chance to achieve her dream, is concerned about affording tuition fees.
Pamela expects to graduate in August, 2014, but without a loan is unsure how she will be able to continue to afford her education. She shares that her alternative would be to take time off from school to work and save money until she could return.
Pamela shares that it is important to her to graduate on time, so she can enter into the job market as soon as possible. She plans on using the loan to pay for her tuition.
One of her biggest challenges has been making time to work and go to school. Pamela currently works 20 hours a week to help her afford her school and living expenses. With a career in business, she expects to earn $25 a day, a substantial increase from before.
With two older siblings, Pamela is unsure how she will be able to afford her tuition fees on her own without the assistance of a Vittana loan.
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.