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The Interest Free Loans Can Be Availed To Cover The Following:

  • Emergency Relief
    • Admission and Tuition fees

     

  • Emergency Relief
    • Expenses incurred for buying books, instruments and gadgets (laptops, smartphones)

     

Highlights Of The #RangDe Telethon: An Initiative To Provide Interest Free Loans To Students From Low Income Households

#RangDe campaign hopes to provide interest-free loans to young students from low-income households and help them continue their education, despite the disruption caused by Covid-19 pandemic
Apr 04, 2021
20:03 (IST)
Parth Shah, General Secretary, National Independent Schools Alliance calls for helping parents educate their children


Millions of parents are facing challenges. Now more children go to low fee schools which are actually community schools appealing to local needs. Gandhiji talked about the metaphor of beautiful tree, the children of our country are the trees we need to nurture. We did a survey. over 70,000 schools that are members of our alliance. We found that school fee they have received last year ranges 6 per cent in Madhya Pradesh to 25 per cent in Delhi. With no fee coming in as parents are unable to earn their own living, at the same time, these school owe crores to government. Delhi government owes 67 crore most people see that parents have to send kids to private schools and it is not our responsibility. This is the only effort I see being made.

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  • Muhammad Yunus
    We give finance to people and education loans, 97 per cent of borrowers are women and they are illiterate. We want to make sure their children get literate.Muhammad YunusFounder, Grameen Bank
  • Smita Ram
    Livelihoods only addresses the situation of families, education is a game changer and can uplift entire generation out of poverty.Smita RamCo-Founder & CEO, Rang De
  • Ram NK
    If you give Rs 1,000, you can pay for a month's fee. If you want to bring a change, you don't need a lot of money. Ram NKCo-Founder & Director, Rang De
  • Kumari Shibulal
    My mother was illiterate, but my parents insisted that I should get a good education and get better life.Kumari ShibulalFounder, Sarojini Damodaran Foundation
  • Vinita Bali
    Education of boys and girls, especially girls, is for the future India we want to create.Vinita BaliBritannia Industries Ltd
  • Adil Hussain
    I think this is a responsibility of every country that we do not leave behind amazing talents, those who are born in rural areas, or in the areas where economy hasn't yet gone in and lifted them up.Adil HussainActor

About The Campaign

About The Campaign

 

Schools are beginning to reopen amidst a lot of chaos. Teachers have had to undergo salary cuts, many parents have not been able to pay the school fees due to job losses. For low income households, the challenge is accentuated further. With classes going online, thousands of children have had to scramble for gadgets to get online. The digital divide has never been more obvious, resulting in several kids dropping out of school.

To address the brewing crisis in the education space, Rang De along with NDTV hopes to intervene by providing interest free loans to low income households. The campaign aims to create awareness about the problem and raise interest free loans for student communities across India.

About The Partner

Rang De is a peer-to-peer lending platform that enables individuals to invest in fellow Indians. Started in 2008 as a non-profit, Rang De is now an RBI regulated peer-to-peer lending platform (NBFC-P2P).

Rang De's mission is to provide access to low cost, collateral-free loans with respect and dignity. Since inception, Rang De has been supporting farmers, artisans and small businesses and individuals who have been denied credit or cannot afford high-interest loans.

 

Disclaimer: NDTV is the broadcast partner for a Sponsored Campaign by Rang De P2P Financial Services Limited. NDTV has no role to play in the funds collected by Rang De or loans granted by them. NDTV will not be liable for any claim(s) made by any person or entity, including any statutory or governmental authority, arising out of the collection or utilization of the funds.