Edelmira dreams of becoming a professional. She was accepted into the Instituto De Educacion Superior, and now, with the chance to achieve her dream, she is concerned about affording tuition fees. She expects to graduate in December 2013, but without a loan, is unsure how she will be able to continue affording her education. She shares that her alternative would be to take time off from school to work and save money until she could return.
Edelmira shares that it is important to her to graduate on time so she can enter into the job market as soon as possible. With this loan, Edelmira plans to cover the cost of her graduation fees. Often, there are fees for earning your title in business before graduating.
To help afford her school and living expenses, Edelmira currently works as a secretary. In addition to her responsibilities at school, she works 40 hours a week and earns $8 a day. With a career in business, she expects to earn $13 a day, a substantial increase from before.
Unfortunately, Edelmira's parents never had the opportunity to complete their high school education. Without the opportunity for a higher degree, her parents never had the chance to move up. Growing up, finances have always been tight. As the youngest of nine, with two older siblings attending college already, Edelmira is unsure how she will be able to finance her education on her own without the assistance of a Vittana loan.
Edelmira is married with her own children. With a professional degree and a career in business, she hopes to be able to provide her family with a better life.
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.