Becoming an accountant is Sergio's dream. Sergio was accepted into INCOS, and now with the chance to achieve his dream, is concerned about affording tuition fees. He plans on graduating in December 2013, but without a loan from Vittana, he fears that he will need to defer his graduation.
Sergio plans on using the loan to cover the cost of his graduation fees. Often, there are fees for earning your title in accounting before graduating.
In addition to his responsibilities at school, Sergio currently works 30 hours a week and earns $17 a day. With a career in accounting, he expects to earn $25 a day. As the youngest, with one older sibling attending college already, Sergio 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.