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Vittana is a Seattle, WA based non-profit that is using microfinance to bring education to the developing world.

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Education doesn’t have to be expensive, but it often is. In the U.S. we have a culture of financing education for people. Parents put aside college funds, colleges provide financial aid, private organizations offer scholarships, and there are all kind of student loans available. In much of the rest of the world, education is seen as a luxury. Vittana is a Seattle, WA based non-profit that is working to change that through microfinance. They “envision a world of opportunity, where educated minds and skillful hands work together to uplift the next generation, breaking the cycle of poverty.”

Think Micro

How’s does Vittana work? It’s pretty simple. You can browse their student profiles, and put up some money to help fund someone’s education. The average student sees a 2.8x increase income, which is why the repayment rate on these micro loans is 99.8%. If you want to dig deeper into the details, you should check out Vittana’s FAQ and maybe read through their blog. Vittana’s goal is to reach 1 million students by 2015, and you can help them achieve that. Just take a look at their jobs on Idealist. Right now they’re looking for an Office Coordinator. It looks like the perfect opportunity for a new grad to get involved with this great organization.

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