A loan of $7,975 helped to pay for tuition fees to help her finish an undergraduate degree (Bachelor of Business Science in Actuarial Science) at Strathmore University.


Rosemary's story

Rosemary is a student applying for a loan to pay for her tuition fees to help finish her undergraduate degree at Strathmore University. This is her story: My name is Rosemary, a 19-year-old lady from Kenya. I live with my parents and two siblings. My sister is a second-year university student and my brother started high school this year. I am a student at Strathmore University pursuing a bachelor of business degree in actuarial science. I am currently on my long holiday, which will see me join my second year when I resume class in April this year. Strathmore is one of the leading private universities in Africa offering quality education to its students, which is why I chose to study here. This loan will enable me to focus on my studies without the uncertainties of being sent away from school in the course of the semester because of my fees balance and not being allowed to sit for my examinations. The assurance that I will complete my course without any financial setbacks will give me peace and help me concentrate on my classwork. Upon graduation, I want to venture into the insurance field, especially life insurance and micro-insurance, where I want to apply my acquired skills and also get to learn more on the same. I hope to see an increase in the level of penetration of insurance in Kenya to a high level, probably higher than that in South Africa. Embracing of micro-insurance, especially among low income earners, is one of the best dreams I have for my country. The benefits of this will go a long way in providing a better lifestyle for most people and will also reduce the money spent to cover losses compared to if they had not been insured. This loan will help me complete my studies without financial constraints and at the same time enable my parents to educate my other siblings. The repayment mode of the loan makes it possible for one to take up the loan and pay it in time.



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