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Shamilla is a business management student at the Maharishi Institute. Shamilla is 22 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 currently doing a Business Administration degree with the Maharishi Institute, and I enjoy all my subjects and classes, especially maths and algebra.”

What are your goals after graduation?
“After completing my degree and graduation from the Maharishi Institute, I plan to work for an organization in and around Johannesburg or Gauteng. Working in the business sector of any sort which pays well, in order for me to save up to start my events business and other businesses which are of interest to me.”

Tell us about your background?
“I was born in Soweto. My immediate family consists of my mother, father, older brother and, of course, me. My mom is a sales manager at Trophies and Awards, and my dad has been unemployed for a little over five years now. I don’t have any dependents. I had a great childhood, as my mom did and still does everything in her power to make sure that I don’t lack anything with the little that I have.”

What do you do in your spare time?
“In my spare time, when I am not reading novels, I’m either listening to music, writing lyrics or watching movies. I’m the biggest movie critic I know. I also love shopping and going out with friends when I’m not out swimming.”

How will the Kiva loan change your life?
“The Kiva loan help me pay for my studies.

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
  • 1
    View loans »
    South Africa Loans Fundraising
  • $780,425
    Funds lent in using Kiva
  • 9.1
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,550 helped Shamilla to pay for one year of tuition fees at the Maharishi Institute.
34% repaid
Repayment Term
54 months (Additional Information)
Repayment Schedule
Jul 15, 2013
May 15, 2013
Currency Exchange Loss: