Through unique partnerships with universities, colleges, corporates and government, MANATI offers low-interest study loans that make further studies possible for the vast majority of students who would otherwise be unable to afford or secure the necessary funding.
Careers Portal recently sat down with MANATI's co-founder and CEO, Riaan Jonck to chat about MANATI and how they choose which students will receive funding.
When looking at who to fund, MANATI looks at the qualification the student wants to study and the probability of finding work. Jonck explains:
We don't want to fund someone that would go into a qualification that they never just never going to get a work because we would be in debt with them and and they wouldn't be able to repay.
MANATI then does a desktop evaluation of the institutions that they've partnered with and their placement rates.
Placement has become a very important part or integral part of the academic institutions so we we find there's not a lot of them that offer qualifications that wouldn't lead to a job
Another aspect that they take into consideration is the probability of a student getting job in a particular discipline.
MANATI makes sure that they fund something that's got a high probability of getting employment, with them saying, "anything that will get the student a good decent well earning job in the field that you see is studying in".