My name is Prince. I'm 29 years old and I'm from Soweto. I am studying for a Bachelor in Business Administration at The Maharishi Institute in Johannesburg. I have a one-year-old son, and I work hard at school so that I can support him. I also have an older brother and one younger sister, both of whom live with my mother. In my spare time, I like to play soccer, box, listen to music, do drama and read books.
In the past, I used to play for a soccer team. Now, my dream is to own three of my own businesses, for instance supermarkets, and to learn to speak foreign languages. I'd also like to work with charitable organisations. Education is important to me because it helps me to interact with others and helps me become creative and develop my knowledge.
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 InformationThe 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.
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This loan has been fully funded!