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Ajay Singh

#gogetter#ambitious
Ajay needs credit to pay for his son's education.

Proud Parents

Gurgaon, Haryana

14,000 has been disbursed

12,600 is the current outstanding balance

100 0 0 1400 0 0

100%

0%

0%


Ajay Singh lives in Gurgaon, Haryana with his family of five. He is the breadwinner of his family and earns through repair works which he has been practicing for over thirty-five years. Ajay is dedicated towards providing the best of everything for his family. But the pandemic has put him in financial crisis and he is unable to look after his son's education expenses. Therefore, Ajay needs credit to facilitate education for his fourteen year old son, Prashant, who studies in eighth standard in Lotus Petal Foundation. The loan would be used towards paying Prashant's school fees and continuing his schooling smoothly. Invest in Prashant's future today!

I wish to give a good education to my sons.

The following are the details of the children.

First child

Son

Age

14

School

Lotus Petal Foundation

Class studying

8th Standard

Medium of instruction

English

No of children studying :
01

Total annual school fees :
₹ 14000

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

14,000

Loan
tenure

10 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Student

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Lotus Petal Foundation

Established in

2011

With Rang De from

2021

Founded by

Mr. Kushal Chakravorty

Lotus Petal Foundation is a purpose organization located in Gurgaon, Haryana, India which has been working since 2011 in the areas of Education, Nutrition and Livelihood. Our programs have enabled less privileged children to get into the formal job market based on skills and education. Alumni of our skill-based programs are now placed in formal jobs in both domestic and multinational companies. Some alumni are in higher professional education like MBBS. The programs run by Lotus Petal have impacted 12000 children/people so far. The organization's key strength has been delivering transformational outcomes for the beneficiary based on processes with scientific rigor, systems, organizational culture at low cost.

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