Repaying Linsha’s educational loan

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Aug 30, 2016 - Pathanamthitta, Kerala (MCID-122-16-17)
Linsha Thomas from Pathanamthitta, Kerala and her family will have to face legal action from the bank soon, for non-repayment of educational loan. Linsha completed her General Nursing course (GNM) from Alvas college of nursing, Moodbidri, for which she had to take an educational loan of Rs.100,000 from Canara Bank, Pathanamthitta. After completing the course, she got a job as staff nurse in a private hospital in Mumbai. The salary is just enough to cover her accommodation and food, with nothing left over to repay the loan.

Linsha’s father is working as a salesman in a small shop in Pathanamthitta, at a salary of Rs.3,000. The family has not been able to repay the educational loan, which has now come to Rs.120,668 including interest. They are in dire need of financial help, without which the bank will take the legal course of action.

Sep 1, 2016 - MicroCharity approves the fund request
MicroCharity approves fund request of Rs.60,000 to help the family tide over this crisis situation.
Sep 21, 2016 - Fund Raising Closed
Fund raising closed for this cause. Rs 60,000 is raised from 22 micro donations in 20 days. We will be paying the money directly to bank shortly.