Juan dreams of becoming an accountant. He was accepted into the Universidad Autónoma Juan Misael Saracho, and now with the chance to achieve his dream, is concerned about affording his schooling. He plans on graduating in June 2015, but without a loan from Vittana, he fears that he will need to defer his graduation.
With this loan, Juan plans to buy his school books. Up until now, he has been managing to get by without them, but it has become a challenge. With books and school supplies, he feels he will be able to get better grades.
Juan's parents were never able to complete their primary education. For his family of six, finances have always been tight. With two older siblings attending college already, Juan 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.