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Ramiro
Ramiro dreams of becoming a professional. He is currently attending the Universidad Adventista de Bolivia, working towards his degree in business. He plans on graduating in July 2014, but without a loan from Vittana, he fears that he will need to defer his graduation.

Ramiro plans on using the loan to pay his graduation fee. This fee is often more expensive than the semester's tuition and is a frequent impediment for graduating students in Potosi. With a career in business, he expects to earn $13 a day, a substantial increase from before.

Unfortunately, Ramiro'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. Growing up, finances have always been tight. With six older siblings, Ramiro is unsure how he will be able to afford his graduation fees on his 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,975 helped Ramiro to pay for graduation fees.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 25, 2014