Most funding mechanisms have a limited supply.
EITSA turns a single contribution into a perpetual funding stream.
EITSA operates on a circular funding model. Capital is contributed, students are funded, and repayments are recycled - creating a pool that grows with every repayment. It is sustainable by design. Perpetual by intention.
EITSA’s partners
EITSA works with trusted partners to administer funding and facilitate the secure disbursement of funds.
Fundi: Administrator of funds
Fundi is the registered credit provider (NCRCP 158) and appointed administrator of EITSA. Acting on behalf of EITSA, Fundi manages the loan lifecycle from application and funding through to repayment and collection.
-
-
- Capital is channelled to Fundi under a formal administration agreement.
- Funding is paid directly to the relevant institution for tuition, not as cash to the student.
- Repayments are collected by Fundi through established, secure mechanisms.
- Repaid capital returns to the EITSA funding pool to support future students.
-
Sticitt: Enables wallet services
Sticitt provides the wallet services used by EITSA to facilitate the disbursement of funds to students.
Sticitt provides access to regulated wallet services offered under the licence and regulatory oversight of RainFin (Pty) Ltd, an authorised Financial Services Provider (FSP No. 45756) and licensed Crypto Asset Service Provider (CASP).
Through the Sticitt wallet, students can use their funds at participating retailers or withdraw them to a bank account of their choice.
Step 1:
Capital is Raised
Universities, donors, and corporates invest into named, ring-fenced Impact Funds. Their capital sits with EITSA as the governing entity.
Step 2:
Students are Funded
Qualifying students apply. Fundi administers the loan assessment, approval, and disbursement. Funds are paid directly to the institution - for tuition, accommodation, and books. Never as cash to students.
Step 3:
Students Graduate and Repay
Students complete their qualifications and enter the workforce. Repayments begin at a low, affordable rate - structured to respect their financial reality.
Step 4:
Capital is Recycled
Every repayment replenishes the Impact Fund. That capital is then used to fund the next student. The cycle continues. The pool expands. Opportunity compounds.
The Two Fund Types
EITSA operates two distinct funds, each designed for different student profiles and risk appetites.
| Stable Fund | Opportunity Fund | |
|---|---|---|
| Who qualifies | Employed professionals (teachers, nurses, police, public sector) | High-potential students in scarce-skill fields |
| Repayment | Starts immediately via payroll deduction | Begins once employed |
| Interest | Low-rate, Prime to Prime +2.5% | No interest charged initially |
| Guarantor | May be required depending on employment history | Not required |
| Risk profile | Low | Higher (deferred repayment) |
| Best for | Return-seeking institutional investors | Philanthropic and CSI capital |