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Gontse
Gontse is a Business Management student of the Maharishi Institute. Gontse 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’m pursuing a Bachelors of Business Administration. The classes that I enjoy the most are management classes and leadership classes because I like to lead and manage things, so that everything that has Leadership and Business Management is my best.”

What are your goals after graduation?
“After graduation I will like to work in a management position for any events company, as I believe leadership is my best skill. I will like to work in the city of Johannesburg; it will keep things moving for me, as I will work closer to people I know to achieve my goals. And yes, I will like to travel.”

Tell us about your background?
"I was born in Johannesburg in a town called Roodepoort, and I’m from a family of six. I’m the last born, the sixth one, with two sisters and three brothers. Currently, my mother is not working and my father passed on March 2011, and as now I have my sisters and brothers as breadwinners and supporting me through school and other financial issues.”

What do you do in your spare time?
“I attend youth clubs with a group of friends and get motivated by other young people, but mostly I’m at church doing sound, as I’m a sound engineer. I am working with youth at church, as I’m the events manager there, too. That's what I do apart from school.”

How will the Kiva loan change your life?
“The Kiva loan will help me and change my life, so that I will focus more on my academics and never stress a lot about my fees. The stipend will help me a lot in a way of transport to school, as am using a train to come to school every day, and my other small needs as a student at MI.”

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
  • 0
    View loans »
    South Africa Loans Fundraising
  • $534,975
    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 Gontse to pay for one year of tuition fees and living expenses at the Maharishi Institute.
15% repaid
Repayment Term
66 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 15, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible