Education Funding: Loans for Parents and Schools
Working with world-class partners and bringing together a consortium of banking and NBFC partners, technology players, credit assessment players and agencies iSPARK brings parents and schools the ultimate freedom in making it easy to pay school fees (for parents) and collect school fees (for schools).
For Parents: Basically the program converts the annual school payment process into a convenient monthly EMI based loan facility (at a nominal interest). The parent pays the bank directly.
For Schools: The school gets the entire fee upfront at the start of the academic year and can better manage operations from improved cash flows. The school does not take the financial responsibility of parents' loans. Schools can also avail Infrastructure loans for building expansion and or other infra investment.
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ISPARK will continue to bring disruptive, transformative learning solutions to the education space.
Visit us at www.isparkinnovations.net for all updates and our community pages. We look forward to be of service to you!
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