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Tresure
Tresure is a Business Management student at the Maharishi Institute. Tresure is 23 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 study the Bachelors of Business Management and the Transcendental Meditation, as it is the Conscious-Based Education Institution, and I enjoy every course and lesson I do at the Maharishi Institute: Organization and Management, Business Fundamentals, Physiology is Consciousness, Sustainable Living and Principles of Business.”

What are your goals after graduation?
“After pursuing my degree, I would love to get a suitable job with a good salary, and after the resources and more knowledge about the corporate world, I would love to build up my own shopping malls in and out of South Africa.”

Tell us about your background?
“I was born in a small village in the Mpumalanga Nelpuis called Mahushu. I live with my grandparents, my aunt, my uncle and my two cousins, who are still in Primary level. My grandparents are both pensioners and only my mom is the breadwinner, and both my aunt and uncle are unemployed. I am single and do not have any dependents.”

What do you do in your spare time?
“In my own spare time I love reading, playing volleyball and modeling, as one day I would love to see myself as the top South African model.”

How will the Kiva Loan change your life?
“The Kiva loan will help me stabilize my college studies, which means I won’t be locked outside the school gates because of not paid school fees. And I will always be at school because Kiva will provide me with pocket money which I will use for transport. It will help make things easier for me. I won’t stress about fees anymore.”

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

  • $11,500
    Average annual income
  • 3
    View loans »
    South Africa Loans Fundraising
  • $694,900
    Funds lent in using Kiva
  • 9.3
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,025 helped Tresure to pay for one year of tuition fees and living expenses at the Maharishi Institute.
17% repaid
Repayment Term
66 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 15, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible