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Nthabiseng is applying for a loan to support her studies at the Maharishi Institute. This is her story:

My name is Nthabiseng and I am 29 years old. I am studying towards my Bachelor of Business Administration through Maharishi University of Management facilitated by The Maharishi Institute. My father passed away when I was 11 years old and my sister is the only employed member in our family of five. After finishing my metric in 2003, I was sitting at home doing nothing. I didn't have any dreams or goals for my future. I made so many mistakes, but now education cultivates me into a mature stage.

This Kiva loan helps with my fees and transport costs so that I can come to school every day without the stress of wondering where am I going to get transport money for next month.

Being the first one in my family to attend university, I hope to make a difference in my family's life. I also hope I can help the youth from my community to realize how important education is in life. I want to become a successful business woman who will benefit my community.

Additional Information

More information about this loan

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

Maharishi students repay their loans with work-study wages while attending school. However, due to the unpredictable nature of their work-study schedules, they may not be able to make regular repayments. In these instances, Maharishi Institute provides an advance that is deducted from students' future wages. This gives student borrowers more flexibility in meeting their loan repayment obligations while they are still in school.

Important Information

The Maharishi Education for Invincibility Trust (MEIT) extends educational opportunities to poor and historically excluded students in South Africa. By combining distance and computer learning with practical experience, the institute equips students with access to the skills and training they need to compete in tough job markets and build bright futures. Kiva funding will help students pay for tuition and other basic expenses so they can study and thrive.

Maharishi students take out loans for each year of tuition separately on Kiva. Each concurrent loan's repayment period begins after the previous load has been fully repaid.

About South Africa

  • $12,700
    Average annual income
  • 0
    View loans »
    South Africa Loans Fundraising
  • $749,500
    Funds lent in using Kiva
  • 8.4
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,050 helped Nthabiseng to pay for one year of tuition and basic expenses at the Maharishi Institute.
54% repaid
Repayment Term
59 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Jun 28, 2012
Currency Exchange Loss: