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Carmen
Carmen dreams of a career in commercial engineering. Carmen is currently attending the Universidad San Fransisco Xavier, working towards her degree. She plans on graduating in December, 2013 but without a loan from Vittana she fears that she will need to defer her graduation. With this loan, Carmen plans on paying her graduation fee. This fee is often more expensive than the semester's tuition and is a frequent impediment for graduating students in Chuquisaca.

Carmen currently works 40 hours a week. One of her biggest challenges has been making time to work and go to school. With a career in engineering, she expects to earn $13 a day. With one older sibling attending college already, Carmen is unsure how she will be able to finance her education on her own without the assistance of a Vittana Loan.

Additional Information

More information about this loan

This loan is admnistered by Vittana's partner Banco Fie

About Vittana

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.

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About Bolivia

  • $5,500
    Average annual income
  • 241
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Carmen to pay for graduation fees.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 25, 2014