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Totona Bruce
Totona is a student at Strathmore. This is her story.
My name is Totona and I come from Narok county, from a polygamous family. My father has nine wives. Currently living with my mother and three brothers. Given this opportunity, I will be the first to join University while the other two are in primary school and another in secondary school. I chose to study at Strathmore University because of its quality education and high moral conduct among students. I want to study Bachelor of Science in telecommunications and work for a senior manager for one of the telecommunications companies after my graduation. I hope that one day I will be a role model for the community that I come from. In Narok, most young men and boys spend days and nights moving herds of cows from area to another looking for pasture. In future, I will also lend on KIVA site.

Additional Information

Important Information

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 1022
    View loans »
    Kenya Loans Fundraising
  • $43,117,850
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $15,450 helped Totona Bruce to pay tuition fees for an undergraduate degree in Bachelor of Science in Telecommunications at Strathmore University.
0% repaid
Repayment Term
121 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 1, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible