Evaluating Student Microloan Products and Providing Recommendations on Scaling Student Microloan Program in Jordan2012
Vittana is a Seattle-based nonprofit that facilitates microloans to students in developing countries. Vittana aims to help students worldwide attend post-secondary schools. Donors offer to pay for students’ tuition by lending them small amounts — typically $25-50. Student repayment rate is 99 percent. Student intern Nour Shammout evaluated the successes and challenges of Vittana’s current student load products to determine the appropriate strategic approach for modifying existing loan products and scaling student microloan programs in Jordan.