Zenaida has always dreamt of becoming a professional. Zenaida was accepted into the Universidad Los Andes and now with the chance to achieve her dream she is concerned about affording textbooks. She plans on graduating in March, 2015 but without a loan from Vittana she fears that she will need to defer her graduation.
With this loan, Zenaida plans on spending the money towards purchasing her textbooks. As an added expense, textbooks are often not bought to save money. With them Zenaida hopes to be able to better understand her subjects. In addition to her responsibilities at school, Zenaida currently works 30 hours a week as a salesperson and earns $15 a day to help afford her school and living expenses.
With a degree in Commercial Engineering she expects to earn $22 a day. With one older sibling already attending college, Zenaida is unsure how she will be able to afford her textbooks on her own without the assistance of a Vittana Loan. 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.