Grover dreams of becoming a professional. Grover was accepted into the Universidad Mayor De San Andrés, and now with the chance to achieve his dream, is concerned about affording tuition fees. He plans on graduating in December, 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, Grover plans on purchasing his much-needed textbooks and school supplies. With the proper books, Grover feels he will be able to study more effectively and earn better grades. In addition to his responsibilities at school, Grover currently works 30 hours a week as an accounting assistant and earns $13 a day. With a degree in public accounting, he expects to earn $17 a day.
With three older siblings attending college already, Grover is unsure how he will be able to finance his education on his 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.