Education has always been seen as one of the most important
skills an individual needs. It has become so important that it has been claimed
to be the fourth basic need of a human being besides food, clothing and
shelter. Since the day digitization has started playing a key role in the
structuring of our society, it has been a core component in almost every field
and sector imaginable.
The digitization of education has helped students a lot. If
you can not go the class some day and have an important lecture that you can
not miss, you can simply go online and access the resources provided by your
institution or even look up the internet for that particular topic. This has
led several universities and institutions in transferring some of their
training modules online.
Although very helpful, some of these courses are very costly
and not everyone can afford them. This is where organizations like Eduvanz education loan company in India come into play. Eduvanz is a fintech
start-up company that aims at providing educational loans to students. They
provide these loans at a very minimal interest rate, as low as 0%, thus making
education available to all.
Recently, they have raised funds of about $2 million from
reputed organizations like Unitus
Ventures and the Michael and Susan Dell Foundation. These companies have thus
committed to the common goal of providing low cost education. Eduvanz aims at
using these funds to expand into several cities like Hyderabad, Bengaluru and
many other cities in India.
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