Our Impact
FeeMonk Impact Insights
FeeMonk Impact Insights
FeeMonk Impact Insights
FeeMonk is revolutionizing education financing, empowering borrowers for upskilling and career advancement. With a Net Promoter Score of 45, FeeMonk is filling a crucial gap in the market, providing first-time access to loans for 4 in 5 borrowers and improving quality of life for 2 in 3 customers. Insights presented here are excerpts from a study conducted by 60 Decibels, sponsored by Michael Susan Dell Foundation.
FeeMonk is revolutionizing education financing, empowering borrowers for upskilling and career advancement. With a Net Promoter Score of 45, FeeMonk is filling a crucial gap in the market, providing first-time access to loans for 4 in 5 borrowers and improving quality of life for 2 in 3 customers. Insights presented here are excerpts from a study conducted by 60 Decibels, sponsored by Michael Susan Dell Foundation.
FeeMonk is revolutionizing education financing, empowering borrowers for upskilling and career advancement. With a Net Promoter Score of 45, FeeMonk is filling a crucial gap in the market, providing first-time access to loans for 4 in 5 borrowers and improving quality of life for 2 in 3 customers. Insights presented here are excerpts from a study conducted by 60 Decibels, sponsored by Michael Susan Dell Foundation.
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Borrower Profile
Borrower Profile
Borrower Profile
70% Male | 30% Female
60% from Southern India
55% are direct borrowers
Median Household Income ₹5,00,000
6% live under ₹310(~$3.65) per day
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Loan Motivation and Access
Loan Motivation and Access
Loan Motivation and Access
Career Advancement
Career Advancement
Career Advancement
Borrowers primarily seek FeeMonk loans for career growth and skill development.
Borrowers primarily seek FeeMonk loans for career growth and skill development.
Borrowers primarily seek FeeMonk loans for career growth and skill development.
First-Time Access
First-Time Access
First-Time Access
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
Limited Alternatives
Limited Alternatives
Limited Alternatives
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
FeeMonk provides crucial first-time loan access to over 4 in 5 borrowers.
Quality of Life Impact
Quality of Life Impact
Quality of Life Impact
65% of FeeMonk borrowers experienced an improved quality of life.
65% of FeeMonk borrowers experienced an improved quality of life.
Supporting family education
Career advancement
Accessing new opportunities
Borrower Experience
Borrower Experience
Borrower Experience
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High Satisfaction
High Satisfaction
High Satisfaction
Borrowers report high satisfaction, as reflected in a Net Promoter Score of 45.
Borrowers report high satisfaction, as reflected in a Net Promoter Score of 45.
Borrowers report high satisfaction, as reflected in a Net Promoter Score of 45.
Quick Processing
Quick Processing
Quick Processing
Promoters value the quick and smooth loan processing experience.
Promoters value the quick and smooth loan processing experience.
Promoters value the quick and smooth loan processing experience.
Targeted Support
Targeted Support
Targeted Support
Appreciation for targeted financial support tailored for specific courses.
Appreciation for targeted financial support tailored for specific courses.
Appreciation for targeted financial support tailored for specific courses.
Minimal Documentation
Minimal Documentation
Minimal Documentation
Borrowers highlight the benefit of minimal documentation requirements.
Borrowers highlight the benefit of minimal documentation requirements.
Borrowers highlight the benefit of minimal documentation requirements.
Direct Borrower Impact
Direct Borrower Impact
Direct Borrower Impact
Course Completion
Course Completion
Course Completion
50% of direct borrowers have completed their course, with 24% working as medical professionals.
50% of direct borrowers have completed their course, with 24% working as medical professionals.
50% of direct borrowers have completed their course, with 24% working as medical professionals.
Earning Potential
Earning Potential
Earning Potential
31% report significantly improved earning potential, with 30% earning above INR 50,000 monthly post-course.
31% report significantly improved earning potential, with 30% earning above INR 50,000 monthly post-course.
31% report significantly improved earning potential, with 30% earning above INR 50,000 monthly post-course.
Career Opportunities
Career Opportunities
Career Opportunities
38% say their access to career opportunities has significantly increased due to FeeMonk.
38% say their access to career opportunities has significantly increased due to FeeMonk.
38% say their access to career opportunities has significantly increased due to FeeMonk.
Testimonials
Testimonials
Testimonials
Smooth Loan Process
"...very smooth, and I was very happy with how easily I was given the loan."
- Direct Borrower, Male
Smooth Loan Process
"...very smooth, and I was very happy with how easily I was given the loan."
- Direct Borrower, Male
Smooth Loan Process
"...very smooth, and I was very happy with how easily I was given the loan."
- Direct Borrower, Male
Smooth Loan Process
"...very smooth, and I was very happy with how easily I was given the loan."
- Direct Borrower, Male
Improved Resume
"...my resume is better. I'm getting calls from companies where they are offering good pay."
- Direct Borrower, Male
Improved Resume
"...my resume is better. I'm getting calls from companies where they are offering good pay."
- Direct Borrower, Male
Improved Resume
"...my resume is better. I'm getting calls from companies where they are offering good pay."
- Direct Borrower, Male
Improved Resume
"...my resume is better. I'm getting calls from companies where they are offering good pay."
- Direct Borrower, Male
Stress-Free Finances
"...able to pay my wife's course fee...manage my income for other needs without stress."
- Indirect Borrower, Male
Stress-Free Finances
"...able to pay my wife's course fee...manage my income for other needs without stress."
- Indirect Borrower, Male
Stress-Free Finances
"...able to pay my wife's course fee...manage my income for other needs without stress."
- Indirect Borrower, Male
Stress-Free Finances
"...able to pay my wife's course fee...manage my income for other needs without stress."
- Indirect Borrower, Male
FeeMonk is a registered tradeMark co-owned by RBI Registered NBFC Monk Capital Private Limited and Credityantra Technologies LLP. Headquartered in Hydereabad, FeeMonk has been catering to Educational Institutes across K-12, Higher Ed and Skill Development domains.
Contact Us
Give us a call
+91 6309631666
Send us an email
hello@feemonk.com
Visit us in person
The Platina, B-406, Sy No. 132, 134, H. No. 4-50/1, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032.
Copyright © 2022 . All Rights Reserved
FeeMonk is a registered tradeMark co-owned by RBI Registered NBFC Monk Capital Private Limited and Credityantra Technologies LLP. Headquartered in Hydereabad, FeeMonk has been catering to Educational Institutes across K-12, Higher Ed and Skill Development domains.
Contact Us
Give us a call
+91 6309631666
Send us an email
hello@feemonk.com
Visit us in person
The Platina, B-406, Sy No. 132, 134, H. No. 4-50/1, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032.
Copyright © 2022 . All Rights Reserved
FeeMonk is a registered tradeMark co-owned by RBI Registered NBFC Monk Capital Private Limited and Credityantra Technologies LLP. Headquartered in Hydereabad, FeeMonk has been catering to Educational Institutes across K-12, Higher Ed and Skill Development domains.
Contact Us
Give us a call
+91 6309631666
Send us an email
hello@feemonk.com
Visit us in person
The Platina, B-406, Sy No. 132, 134, H. No. 4-50/1, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032.
Copyright © 2022 . All Rights Reserved
FeeMonk is a registered tradeMark co-owned by RBI Registered NBFC Monk Capital Private Limited and Credityantra Technologies LLP. Headquartered in Hydereabad, FeeMonk has been catering to Educational Institutes across K-12, Higher Ed and Skill Development domains.
Contact Us
Give us a call
+91 6309631666
Send us an email
hello@feemonk.com
Visit us in person
The Platina, B-406, Sy No. 132, 134, H. No. 4-50/1, Gachibowli, K.V.Rangareddy, Seri Lingampally, Telangana, India, 500032.
Copyright © 2022 . All Rights Reserved