Check out some available loans that are similar to this one!
Kifiloe is a Business Management Student at the Maharishi Institute. Kifiloe 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?
“Am studying Bachelor Degree in Business Administration and I enjoy the subject that includes business in it. Be it Management, Business Principles and also Physiology of Consciousness.”

What are your goals after graduation?
“After graduating, I am hoping to work for a big company such as Anglo American, FNB and BHP as a general manager or human resources, but only for limited years and after 10 years I would have gathered enough money and knowledge, skills to open to my own marketing company. I would love to remain in the city of Gold, Johannesburg, and travel the world for fun and knowledge.”

Tell us about your background?
“I was born in 1991 both in Meadowlands, Soweto. My mother had just broken up with my father because he says am not his child. I come from a family of four children, three boys and one girl which is me. My mother is a single mother who raised her children alone without any help. My mother is a domestic worker and raising us was very difficult, to see us going to school and at the same time provide food and clothes for us.”

What do you do in your spare time?
"In my spare time I like listening to music to ease my mind and watch movies. I love reading novels and taking walks in the afternoon for exercise.”

How will the Kiva Loan change your life?
“Kiva Loan will change my life very much. It will also have a positive effect to my family knowing that someone is helping me fund my studies and also I will have that burden off loaded on my shoulders. It will give me a clearer vision to work hard towards my studies knowing that someone out there believes in me and helping me reach my full potential of knowledge.”

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
  • 0
    View loans »
    South Africa Loans Fundraising
  • $875,025
    Funds lent in using Kiva
  • 9.1
    South Africa Rand (ZAR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,075 helped Kifiloe to pay for one year of tuition fees and living expenses at the Maharishi Institute.
35% repaid
Repayment Term
66 months (Additional Information)
Repayment Schedule
Jul 15, 2013
May 2, 2013
Currency Exchange Loss: