IMD MBA Student seeking Loan

This is me

Nick name
imdmba2021
Age
32 years
Highest education
IMD Lausanne
Contact Student

This is my Credit Motivation

My name is Shruthi Arul, an Indian living currently in Lausanne. I have 9 years of experience with IBM India Pvt Ltd with a strong technical background and I also have a family business experience based in Dubai. 

The total tuition fee for 2021 IMD MBA is 90000 CHF + approx 36000 for living expenses. I have received a scholarship of 10000 from IMD and I have already paid 30000 CHF from my personal savings. I need loan to cover the remaining tuition fee of 50000 and rent, food etc.

I have been maintaining an impecabble credit record back in India for more than 10 years and have never failed to pay my bills on time, I assure that I shall maintain the same while repaying my loans and will try to close it earlier than the time I have requested. 

Also, the average salary post graduation is ~122k with a possible sign-on bonus of about 25k$ which will make it possible for me to close my loans.


Feel free to reach out to me for any questions.


This is what I need

Credit amount
CHF 70'000
Maximum interest rate
8%
Start date
February 2021
Re-payment starts
March 2021
Re-payment time
48 months
Loan fully paid back
February 2025

This is my plan

School/University
IMD Lausanne
Main field of study
MBA
Additional fields of study
MBA
Begin of study
December 2020
End of study
December 2021
Current semester
2
Plans after study

Plan A: Product Management roles in companies such as Amazon, where I shall be a great fit given my technical experience.

Plan B: IMD has a strong network in the Middle East, and I can leverage the contacts of my family business as well to find a suitable role in UAE. I am a UAE Resident so that will give me a good chance for getting placed in UAE

 

Plan C: In the worst case scenario that both of the above does not work, I have the support of my spouse and also some assets in India that I can sell to repay the loan.

 

Auction

21 bids, CHF 33'500 of CHF 70'000 filled

Calculate your sustainable return

CHF 70'000

Investment Amount

6.0%

Interest Rate

Total fees
-
Your return (net of fees)
-

Currently Valid Bids

investor
Amount
Interest
Submitted
kaydee
1'000 CHF
6%
09.02.2021 07:48
HelpingHand
1'500 CHF
7.5%
10.02.2021 08:51
HelpingHand
1'500 CHF
7.5%
09.02.2021 18:24
Krypto
500 CHF
7.5%
03.02.2021 23:31
Perikles
1'000 CHF
8%
05.03.2021 11:18
mastaed
4'000 CHF
8%
22.02.2021 12:20
hugo23
2'000 CHF
8%
15.02.2021 10:54
Wacker1913
5'000 CHF
8%
12.02.2021 01:57
philantrofinancier
3'000 CHF
8%
10.02.2021 14:23
rohell
500 CHF
8%
09.02.2021 21:08
JJ
1'000 CHF
8%
08.02.2021 19:38
turkish82
500 CHF
8%
08.02.2021 12:59
smag
1'000 CHF
8%
05.02.2021 09:59
RDS74
500 CHF
8%
01.02.2021 15:26
Arishaka
1'000 CHF
8%
28.01.2021 16:48
Tibi
1'000 CHF
8%
27.01.2021 22:57
LenderLender
2'500 CHF
8%
25.01.2021 17:08
berryman
500 CHF
8%
25.01.2021 15:51
dehaeigen
1'500 CHF
8%
24.01.2021 09:44
Celella
1'000 CHF
8%
23.01.2021 11:00
Opossum
3'000 CHF
8%
22.01.2021 22:21