Need Your Support And Help To Restart My Preschool | Milaap
Need Your Support And Help To Restart My Preschool
of Rs.33,50,000
4 supporters
  • RS

    Created by

    Raghavendra Singh
  • RS

    This fundraiser will benefit

    Raghavendra Singh

    from Mysuru, Karnataka

Hello, I am Raghav, from Mysuru, Karnataka. I know the times have been difficult these days coz of pandemics. I am no immune to it either. After a lot of struggle, health issues, and selling my parent's plots, jewelry, and borrowing loans from my wife's account I started a preschool three years back. Though I had a lot of competition with many political people having their preschool in surroundings. I was confident that ne giving a good products at the end of the day will drive the audience to me. Though slow it did pick up but pandemic put an end to all. It's become very difficult because of the current situation as I am not able to pay rent, salaries, loan repayments. Experts say that it would take three to four years for the current situation to get better. though I am no brand or my school is, I still am confident of running it. I would request you to please help us in making the school stand again so that I give best quality, repay loans, get the pawned jewelry back to my parents. Sincerely request you to look into us and help in us coming out of this difficult situation.
I know my request might not be the most deserving, there are many others here who require your support, I totally understand your concern but my situation is tough and many families are depending on me and this is one of my sincere efforts in gaining and instilling confidence in them and myself too to make my preschool run again and give my best to give the best education and product

 Following is the breakup of the funds
Axis Bank loan: 12.5 lakhs
Indian overseas Bank loan: 3lakhs
Pawned jewelry to run school: 9lakhs
Building advance: 3lakhs
Franchise royalty balance amount: 125000
Salary, Rent, and expenses to sustain for next 1year: 775000

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