
Roopesh Kohad

Sruti Agarwal

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A clarion call to fellow Indians to come together to help children from low income families get back to school.
The COVID-19 crisis has adversely impacted the education of millions of children across India. Financial distress of low income families has not just resulted in children missing an academic year but put them at risk of dropping out of school forever. We are extending interest free loans to low income families to enable them to send their children back to school.
Since 1st September 2019
Since 1st September 2019
Join your fellow Indians Roopesh, Sruti, and Ameya to support education for children from low income households.
These are education loans for children from low income households to continue their education. Loans will be extended for school fees and purchase of gadgets for online learning.
We will be supporting children from across India. We work closely with our impact partners, who are credible community organizations, and have been working with communities to help solve social problems. We have also partnered with organizations such as National Independent Schools Alliance (NISA) to reach out to budget, private schools to support low income families in need.
Your funds will be provided as interest free loans for primary and secondary school education. The loans will be availed by parents of school going children. As soon as a parent’s loan application is processed, the loan is funded from this pool of funds. Once the funds are raised, the school fees will be paid directly to the school.
Every time your funds are invested in children, you will receive an email notification about the same. You will also be able to track the progress and the status of repayments through your Rang De dashboard.
You will be repaid in monthly or quarterly repayments depending on the loan tenure which ranges between 8-12 months. This amount will be credited to your Rang De account. You can then choose to reinvest in other investees or withdraw the funds.
Getting these loans on time is extremely important for our investees in order for them to pay for the school fees before the academic year starts. We have therefore automated the process which ensures that once the loan application is processed, funds are disbursed on a first come first serve basis.
However, if there are parents still waiting for funds, they will be listed here, and you can choose to invest in them.