Katherine dreams of working in the international trade business. To achieve this goal, Katherine is attending the Universidad Tecnológica Boliviana. She plans on graduating in February, 2014 but without a loan from Vittana she thinks that she may need to take time off to work and save until she can return to school.
Katherine plans on using the loan to cover the cost of her graduation fees. Often there are fees for earning your title in business before graduating. In addition to her responsibilities at school, Katherine currently works 30 hours a week in a shop and earns $8 a day. Unfortunately, Katherine's parents never had the opportunity to complete their high school education. Growing up, her household finances were always tight. Katherine hopes to be a role model for her younger brother by being the first in her family to graduate from university.
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.