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Lefa
Lefa is a business management student at the Maharishi Institute. Lefa is 22 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 and Basic Consciousness Education. These classes lead me to the goal that I have set for myself since starting at the school. The meditation makes me more aware of my surroundings and I can be fully awakened within myself.”

What are your goals after graduation?

“I just want to get out there and work, and experience life and learn about people and management and the world. I don’t mind what sector or what job.”

Tell us about your background.

“I was born in Ventersdorp, south of Johannesburg. My two older sisters and I were raised by a single mother, living with my grandmother and grandfather. My mother is a domestic worker and our primary breadwinner. My two sisters are now married but as I am still young, I am not allowed to get married yet.”

What do you do in your spare time?

“I love to play soccer, watch movies and listen to music. I also enjoy spending time with my mother, or with my friends.

How will the Kiva loan change your life?

“A loan from Kiva will enable me to finally stand on my own financial feet. It will help me to fulfill the goals that I have set for myself and study my degree with dedication. It will mean that my mother’s money can support the family more, as I’ll be able to pay for my fees.”

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

  • $11,500
    Average annual income
  • 8
    View loans »
    South Africa Loans Fundraising
  • $614,675
    Funds lent in using Kiva
  • 11.0
    South Africa Rand (ZAR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,700 helped Lefa to pay for one year of tuition fees and living expenses at the Maharishi Institute.
9% repaid
Repayment Term
67 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2014
Listed
Feb 15, 2014
Currency Exchange Loss:
Possible