My name is Rebecca from Turkana County, I am a second born in a family of six siblings. I have one sister and four brothers. I have been living with my uncle since I was 7 years, after my parents separated, because I had no one else to take care of me.
I went through my secondary education in Turkana Girls’ Secondary School and I managed to score a mean grade of B+. My school fees were met by Mama Mzungu Foundation, which only offers help to secondary school students only. I was introduced to a KIVA beneficiary from Turkana; she received her full tuition last year and is now an exemplary student at Strathmore.
I chose Strathmore University because it is one of the leading universities in Kenya, offering quality education, and produces the best professionals in the country. I am interested in pursuing a Bachelor of Business Information Technology.
Given the loan to take me through my entire 4-year course, I promise to work very hard to get good grades and after graduating, get a good job, which will empower me to clear the KIVA loan. I also look forward to giving back to the society especially in my home area, Turkana, which is faced by many challenges because it is situated in the arid parts of Kenya.
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.