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Johannah
Johannah is a Business Management Student at the Maharishi Institute. Johannah is 20 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 am studying for a Bachelor's degree in Business Administration. The classes I enjoy the most are principles of science and creative intelligence, Human resources, Business law and ethics, Higher states of consciousness and Diet and nutrition.”

What are your goals after graduation?

“While I would be prepared to start as a receptionist to gain experience, I would like to become an auditor at an international firm such as KPMG.”

Tell us about your background?

“I was born in Pretoria in 1993. I have three sisters, Peggy, Hildah and Prudence. My father is a pharmaceutical manager at Sastel and my mother is not working. I currently live with my oldest sister and don’t have any children yet.”

What do you do in your spare time?

“I like to play music and DJ at a few clubs in the neighbourhood. I also like reading novels.”

How will the Kiva loan change your life?

“I will have no financial problems and will be able to study knowing that my fees have been paid. This will encourage me to work even harder to achieve my degree. It will also help towards my transport costs.”

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
  • $727,550
    Funds lent in using Kiva
  • 10.9
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,725 helped Johannah to pay for one year of tuition fees and living expenses at the Maharishi Institute.
11% repaid
Repayment Term
67 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2014
Listed
Feb 19, 2014
Currency Exchange Loss:
Possible