Ana dreams of becoming an international trade manager, but without a degree, she knows it may never be possible. Ana was accepted into the Universidad Tecnologica Boliviana, and now with the chance to achieve her dream, she is concerned about affording tuition fees.
With this loan, Ana plans to pay her graduation fee. This fee is often more expensive than the semester's tuition and is a frequent impediment for graduating students in La Paz.
Ana currently works 30 hours a week, but making time to work and go to school has been one of her biggest challenges. With a career in international trade management, she expects to earn $20 a day, a substantial increase from before.
Ana's parents were never able to complete their primary education. For her family of six, finances have always been tight. As the youngest of four, with one older sibling attending college already, Ana is unsure how she will be able to finance her education on her own without the assistance of a Vittana loan. Ana's father's salary from his job as a carpenter is the family's primary source of income.
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.