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Emmah
Emmah is a Business Management Student at the Maharishi Institute. Emmah is 21 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 Bachelor of Business Administration. The classes I enjoy the most are the consciousness-based classes as I get to learn more about knowing myself.”

What are your goals after graduation?

“I would like to work in either Marketing or Sales, in order to make money to start my own business. While I would like to work in Johannesburg, I would also like to travel.”

Tell us about your background.

“I was born in Sterkspruit in the Eastern Cape. I was raised by both my parents with two brothers and two sisters. My mother is not employed and my father works as a taxi driver. I am not married and do not have children.”

What do you do in your spare time?

“In my spare time I read novels and enjoy playing sports, especially netball.”

How will the Kiva loan change your life?

“A loan will enable me to focus on my studies and not worry about fee payment. I will also be able to change the situation at home.”

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.

Tags

About South Africa

  • $12,700
    Average annual income
  • 0
    View loans »
    South Africa Loans Fundraising
  • $741,075
    Funds lent in using Kiva
  • 11.0
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,725 helped Emmah to pay for one year of tuition fees and living expenses at the Maharishi Institute.
12% repaid
Repayment Term
74 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2014
Listed
Feb 14, 2014
Currency Exchange Loss:
Possible