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Keketso
Keketso is a Business Management student of the Maharishi Institute. Keketso is 24 years old and was asked the following questions by a staff member of the Institute:

What do you study at the Maharishi Institute and what classes do you enjoy most?
“I am currently studying Business Administration at the Maharishi Institute with the intention of obtaining first a Bachelor of Business Administration degree and then a Masters of Business Administration degree.”

What are your goals after graduation?
"My ultimate goals are to become a Chief Executive Officer (CEO) of at least two companies that are not my own, and also establish my own organizations, both locally and internationally. I have a wide variety of interests; thus the sectors in which I will work include mining, banking, health, insurance, public sector, energy and fashion. I see myself becoming a global citizen; thus I intend to work in different cities, meaning that I will get to travel and also see first-hand how my international organizations are progressing."

Tell us about your background?
“I was born in Gauteng in a township called Vosloorus. I was, however, raised by a single parent, my mother, as my father passed away a year after I was born. I am the only child at home. My mother is a self-employed seamstress, and that is how she is able to provide for us and put me through school. She is my source of inspiration, as seeing how hard she worked to educate me motivates me, and this has shown me that nothing is impossible when hard work and passion come together.”

What do you do in your spare time?
“In my spare time I read, write and jot down all of the business ideas that I get and also plan on how I will start and manage my business. I also design clothing and volunteer at orphanages.”

How will the Kiva loan change your life?
“The Kiva loan will make a significant difference in my life, as making ends meet has been a big challenge since I began pursuing this degree. With this loan, I will be able to not only pay for tuition, but also pay for most of my basic necessities. This loan will help ease the pressure I experience when there are financial costs that need to be covered, and I don’t have the means to do so.”

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
  • $738,800
    Funds lent in using Kiva
  • 9.2
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,050 helped Keketso to pay for one year of tuition fees and living expenses at the Maharishi Institute.
18% repaid
Repayment Term
66 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 15, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible