Abrahan dreams of becoming a computer engineer but, without a degree, knows it may never be possible. Abrahan is currently attending the Universidad Juan Misael Saracho working towards his degree in computer engineering. He plans on graduating in April 2014, but he fears that he will need to defer his graduation without a loan from Vittana.
With this loan, Abrahan plans on purchasing his much needed textbooks and school supplies. With the proper books, Abrahan feels he will be able to study more effectively and earn better grades. In addition to his responsibilities at school, Abrahan currently works 30 hours a week as a computer technician to help cover his school and living expenses. With a career in computer engineering, he expects to earn $32 a day.
Unfortunately, Abrahan's parents never had the opportunity to complete their high school education. Without the opportunity for a higher degree, his parents never had the chance to move up. Abrahan's father works as a driver and his salary is the family's primary source of income. Growing up, finances have always been tight. With three other siblings, Abrahan is unsure how he will be able to finance his education without help. Abrahan hopes to be able to contribute towards his family's income in the near future.
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.