goGopalgo

about us

goGopalgo is currently a social outreach project and over time we hope for it to become an impactful non-profit with a mission to expand financial and educational access to the underserved domestic, migrant workers community in India. As a founder of goGopalgo, I along with my advisors have embarked on a journey to work with impactful stakeholders to ensure that this community has access to financial inclusivity and their children have the pathways to be educated

Domestic, Migrant workers have no access to the formal economy and hence end up borrowing money from loan sharks in the informal economy or micro finance companies that lend money at very high interest rates. Their children stay behind in the villages with their families or in urban slums without access to education or any economic support structures.

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Gopal, His Father – Bahadur & His Mother – Beena

goGopalgo is working with subject matter experts to challenge the current established practices that prevail in order to ensure that this community has access to financial empowerment. goGopalgo is creating a new Credit Scoring System for this segment which enable lenders to lenders to extend credit to Domestic, Migrant workers. One of the key challenges that lenders face is that there is no data on this community. goGopalgo has started its initial data capturing drive within community of up to 1000 people. This data is then being used to create a new credit score system, based on which lenders will be able to trial lending to this community and over time enable acceptance of this credit score mechanism to microfinance providers who through data capture and this credit score will be able to extend credit.

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goGopalgo is also working on the mandate of liberating and empowering the children of domestic, migrant workers to be educated. Getting these children adopted by the employers and the employer’s children, of their parents (who work for families within urban India) to educate them and motivate them to go to college, thereby ensuring that they upgrade their lives and have a larger impact on their village and thereby on India. goGopalgo is on a mission to work towards financial and educational inclusivity for all Indians.

goGopalgo is on a mission to work towards financial and educational inclusivity for all Indians.