Sonya dreams of working in financial management. In addition to attending school full time, she works 30 hours a week to afford her tuition and her daughter’s expenses. Sonya earns about $4 a day and pools her income with her father, who works as a cashier at a local shop. Together they earn around $9 a day for their family.
With the money from her loan, Sonya plans on purchasing vital textbooks that will help her complete her final years of school. She has made it this far without books, but in order to complete her thesis and earn the high grades she aspires to, she needs materials. With a degree in hand and skills that can help her in the professional workforce Sonya expects to earn $14 a day in her future. This increase would not only change her life but that of her daughter’s as well.
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.