My name is Hellen,I come from Turkana County.I went to Turkana Girls’ Secondary where I managed to get a grade of a B plain. I am the first born of the family of six and I live with my uncle who is a pastor in Lodwar.My parents divorced when I was only 5years old and because my mother could not provide for me , I had to stay with my uncle.
While at secondary school I could not raise my school fees but because of my commitment to church activities, the church raised my school fees. On completing my secondary level, I had to use the Business skills I got from school to start a small business so that I can help my family. I would buy fish from the fishermen at the shores of lake Turkana, fry them and sell to raise money for my family.
Actually after getting my grade I thought my dream of becoming an accountant was shuttered because of lack of money to proceed with my education and also join Strathmore which was the school of my dream. I thank God that though a 2012 KIVA Full tuition beneficiary of KIVA , I got the information that I can follow my dream by getting the loan.
I came to know about Strathmore University through newspapers and magazines. As result and I become so much interested with the high quality of education it gives and I also believed that it is the only place I could achieve my dream of becoming an accountant and also it could be a place that I could acquire life skill and this all is only possible because of KIVA.
I am sure that if I get the KIVA Loan my mind will settle and I will be working very hard at school so that I will get good grades that I can get a good job that will help me give back to my community, help my sibling and also eradicate poverty from Turkana Land.
More information about this loan
While the disbursal date for this loan is listed as November 10, no money has actually been disbursed. Rather, November 10th is the start date for the next semester. This student will not receive their loan until it has been fully funded on Kiva.
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.