Rang De India
Rang De India

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

New Delhi Television Limited (NDTV) and Rang De India, a peer-to-peer lending platform have come together to initiate a campaign to prevent children from dropping out of school by providing interest-free loans to young students from low-income households across the country and create awareness about the crisis brewing in the education space.

Here are the highlights of the #RangDe Telethon:

Apr 04, 2021
19:36 (IST)
My parents insisted that I should get a good education: Kumari Shibulal, Founder, Sarojini Damodaran Foundation


Actually, my mother was illiterate, but she has seen people who come to the village as doctors in that primary health center, or the teachers in the school. She felt that those people had better life. So she thought her children also should get education and she insisted that we go to school. Children wanted to work in the fields and support the family. But my parents insisted that I should get a good education and get their better life. So that is one of the reasons that we choose education as our focus point. It is because of the education that we are here right now.
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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.