Juan has always dreamt of becoming an agricultural engineer. He is currently attending the Instituto Tecnológico Caranavi, working towards his degree in agricultural engineering. 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.
Juan plans on spending the loan towards purchasing his textbooks. As an added expense, textbooks are often not bought to save money. With them, Juan hopes to be able to better understand his subjects.
One of his biggest challenges has been making time to work and go to school. Currently, Juan works 25 hours a week and earns $6 a day. With a degree in agricultural engineering, he expects to earn $17 a day. With one older sibling already attending college, Juan is unsure how he will be able to afford his tuition fees 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.