Roxana has always dreamt of becoming a lawyer. To achieve her goal, Roxana has enrolled in the Universidad Salesiana De Bolivia. 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. Roxana shares that it is important to her to graduate on time so she can enter into the job market as soon as possible.
With a loan, Roxana plans to cover the cost of her graduation fees. Often there are fees for earning your title in law before graduating. Roxana currently works 30 hours a week. One of her biggest challenges has been making time to work and go to school. With a career in law, she expects to earn $30 a day, a substantial increase from before.
As the youngest of eight, with three older siblings attending college already, Roxana is unsure how she will be able to finance her education on her own without the assistance of a Vittana loan. Roxana's father works as a landlord, and his salary is the family's primary source of income.
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.