My name is Phyllis. I am the third born of three children born to a single mother here in Nairobi. I have always had the passion for pursuing law but in recent times, I learnt more about the concept of digital law. In the time that I have been out of school, I have engaged in activities that have resolved even more clearly my desire to join the Strathmore Law program. I have worked tirelessly with Creative Commons, an organization that has redefined the licensing methodologies in the Internet. I am the lead of the School of Open Initiative in Kenya, which is work that deals with introducing young high school students to Open Educational Resources that they can take advantage of in the Internet.
However, I am unable to raise the funds to study at Strathmore University because my family is not financially endowed with the capacity to cater for my fees. Attending law school will sharpen me more on the issues of Intellectual property, as I believe the future for Africa’s children is the provision of Open licensed resources. The KIVA loan will not only make my dreams come true, it will give me a lee way to form a basis for the future of Africa’s learning environment.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Strathmore University is one of the leading private chartered universities in Kenya, and is a privately owned, not for profit institution. Originally established in 1961 as an Advanced-level Sixth Form College with inspiration and encouragement from Saint Josemaria Escriva, founder of Opus Dei, Strathmore University started offering degrees in 2002 before becoming fully chartered in 2008.
Strathmore University is a non-traditional Field Partner, in that they are an educational institution, not a microfinance institution. Lenders to these loans should be aware of the following:
1 - You might not begin to receive repayments on this loan for many years, and this loan may have terms as long as 11 years. The full-tuition loans administered by Strathmore University can have loan terms of up to 11 years, which includes a grace period of up to 5 years. The grace period includes the time during which the student is enrolled at the university, and the first year after graduation. During the grace period, the borrower is not required to make any repayments, and you would not receive any repayments. Please be sure the loan terms and repayment schedule of this loan suit you.
2 - Administering loans is a new activity for Strathmore University, which can increase the risk on this loan. While most Kiva Field Partners are microfinance institutions and therefore experienced at administering loans, Strathmore University's core business is providing education, and they are inexperienced at administering loans. This partner has passed Kiva's due diligence requirements for a non-traditional Field Partner, however lenders to this loan should be aware that this loan carries some additional risk as Strathmore University becomes more experienced with administering loans to students.
For more information on Strathmore University, and the Kiva loans they are administering, please visit the Field Partner page.