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Zanele is a Business Management Student of the Maharishi Institute. Zanele is 21 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’m studying Business Administration. I enjoy Business Classes, Business Fundamentals, Principles of Business Success and Organisation and Management. And also consciousness courses, like Physiology is Consciousness and Higher States of Consciousness.”

What are your goals after graduation?
“My goal is to be a successful businesswoman and have an NPO, like a center for children with disabilities. I want to have a Travelling Agency. I would love to work here in Johannesburg.”

Tell us about your background?
“I was born in Johannesburg. I have two brothers and one sister. My mother is unemployed at the moment. And my father works at Nastar Transport Company, where they hire trucks. He fixes or he is the mechanic. I’m married and I don’t have children.”

What do you do in your spare time?
“I like reading novels, watching movies and singing choral music.”

How will the Kiva Loan change your life?
“Kiva Loan will change my life because it will be helping me to further my studies. I will study without worrying about my fees.”

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
  • 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 Zanele to pay for one year tuition fees and living expenses at the Maharishi Institute.
20% repaid
Repayment Term
66 months (Additional Information)
Repayment Schedule
Jul 15, 2013
Apr 26, 2013
Currency Exchange Loss: