Catherine has always dreamt of becoming a professional. She is currently attending the Instituto Tecnico Señor De Mayo, working towards her degree in nursing. She plans on graduating in December, 2013, but without a loan from Vittana, she thinks that she may need to take time off to work and save until she can return to school.
Catherine plans on using the loan to pay her graduation fees. This fee is often more expensive than the semester's tuition and is a frequent impediment for graduating students in La Paz.
In addition to her responsibilities at school, Catherine currently works 30 hours a week and earns $10 a day as a medical assistant to help her afford her school and living expenses. With a career in nursing, she expects to earn $20 a day, a substantial increase from before.
This loan is administered by Vittana's partner, Banco Fie.
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.