Transform Rural India is the first Indian NPO championing rural entrepreneurs to get the nod from the National Stock Exchange (NSE) to be listed on the SSE
The bond focused on youth employability and entrepreneurship aims to raise funds up to Rs 2 crore benefiting over 5,000 rural youth
Transform Rural India (TRI), a non-profit organisation striving to provide equal opportunities to rural citizens by designing scalable and grounded solutions, announced the issuance of the Youth Empower Bond through the Social Stock Exchange (SSE) on February 21. The offering of TRI Bonds will provide investors with the opportunity to purchase these Zero Coupon Zero Principal (ZCZP) instruments through the application form, available on the SSE website. While the Youth Empower Bonds are not tradable, they will serve as a unique bridge connecting organizations/individuals with TRI, enabling potential donors to contribute to nation-building and rural prosperity through the Youth Entrepreneurship & Self-Employment (YESE) program.
The issuance period will conclude on February 28, with the allotment date scheduled for March 4. Through the offering of Youth Empower Bonds, TRI aims to raise funds amounting to Rs Two Crore, intended for self-employment and empowerment programs benefiting over 5,000 rural youths.