- Home/
- Highlights
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:
Ashraj Unnisa, a grade 9 student from Bengaluru dreams of becoming a role model for other children
I was in class 8th and it was last month of session. I was preparing for exams and enjoying preparations with friends and teachers when the COVID-19 lockdown happened. Our exams were cancelled. There were some students who were happy but we were sad as we had put in a lot of hardwork. Dream A Dream foundation came to our school when I was in class 7th. These additional class where they helped us see ourselves from a better perspective and helped us recognise our talent.
My dream is to become a role model for others. I want to show that girls can do anything if the work hard for it. I want everyone to know that girls are capable to and should be given fair opportunities.
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.
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.