Langbahn Team – Weltmeisterschaft

Vittana

Vittana
Founded2008
FounderKushal Chakrabarti
Brett Witt
Defunct2014
FocusEducation
Location
Area served
Worldwide
MethodMicrocredit
Websitewww.vittana.org (formally, now a personal finance blog)

Vittana was a non-governmental organization that allowed people to lend money via the Internet to students in the developing world.[1] It was a 501(c)(3) non-profit organization headquartered in Seattle.[2] Vittana focused on student loans because student loans are nearly unavailable in developing countries.[3]

The loans issued by Vittana ranged from $200 to $1,500 and were funded by individual lenders through Kiva's lending platform and Vittana's funds.[1] Students were given cash advances for educational expenses before money from donors had been collected.[4]

The cash advance provided by a partner organization was covered when Kiva, or Vittana had aggregated sufficient money from donors.[5] A mother or a close relative acted as a co-signer.[3] The recipient of the loan could repay the loan after landing a job.[5] Vittana students had a 98% repayment rate.[1]

Vittana ceased operations in 2014.[6]

References

  1. ^ a b c Rao, Leena (2010-03-15). "Vittana Applies The Kiva Model To Help Finance Education In Developing Countries". TechCrunch. Retrieved 2024-04-09.
  2. ^ "About". Retrieved 2024-04-09.
  3. ^ a b A. Villiani, Storytelling: Tall Tales On Online Platforms? Viewed on 11 Mar 2011, http://beyondprofit.com/storytelling-tall-tales-on-online-platforms/
  4. ^ Vittana FAQ from http://www.vittana.org/about/faq
  5. ^ a b How it works. (n.d.) Retrieved March 9, 2011, from http://www.vittana.org/howitworks
  6. ^ Soper, Taylor (29 August 2014). "Educational microloan non-profit Vittana shutting down". GeekWire. Retrieved 23 February 2016.


Quelle: https://en.wikipedia.org/wiki/Vittana