A loan of $2,000 helped to pay for graduation expenses.

Ciro Erick's story

Ciro is studying law at San Fransisco Xavier University in Sucre, Bolivia. He chose law because he finds the discipline very interesting and he has always enjoyed reading. As Bolivia continues to develop, Ciro hopes that a degree in law will prepare him for the challenges ahead and help bring him financial success that he and his family desperately need. Ciro’s mother is retired and his father works as a auditor. With a limited family income, affording school has always been a challenge. Ciro’s younger brother has hopes of earning a university degree as well, and with the promise of success, Ciro hopes to be able to help him afford his own education.

With the money from his student loan Ciro plans to budget it to help pay for his school materials that will help him finish his thesis and the many fees associated with the school’s administration and titles.

In Bolivia it is common to pay tuition at the end of the semester in form of a exam fee and at the end a four-year degree, in the form of a thesis fee and title fee. Despite having completed all the required work, Ciro fears that if he cannot afford the fees he will be unable to receive his degree. He hopes to not have to postpone his studies. School takes up much of his time and currently Ciro is unable to find a job that is flexible with his school schedule.

With a degree in law, however, he expects to earn $5208 a year, a salary that would allow him to help support his brothers’ education and his parents’ well-being into the future. Ciro wishes to share that his city of Sucre, is very beautiful with great historical colonial architecture and many lovely museums.

This loan is administered by Vittana's partner Banco Fie.

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