IMD MBA Student seeking Loan

This is me

Nick name
imdmba21
Age
32 years
Highest education
IMD Lausanne

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 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 a loan to cover my living expenses. I have been maintaining an impeccable credit record back in India for more than 10 years and have never failed to pay my bills on time, I assure you 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 with any questions.

 

P.S: I had already raised an auction for 50000 CHF and got funded as well, however, I received partial funding from another source so I reduced my amount required and also seeking lower interest rates since the amount is less.


This is what I need

Credit amount
CHF 25'000
Maximum interest rate
5.5%
Start date
May 2021
Study time
7 months
Re-payment starts
December 2021
Re-payment time
48 months
Loan fully paid back
November 2025

This is my plan

School/University
IMD Lausanne
Main field of study
MBA
Additional fields of study
MBA
Begin of study
January 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

Auction Closed

9 bids, CHF 25'000 of CHF 25'000 filled

Calculate your sustainable return

CHF 25'000

Investment Amount

4.0%

Interest Rate

Total fees
-
Your return (net of fees)
-