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NPO Lists on BSE Social Exchange for Kids' Education
5 Sep
Summary
- Light of Life Trust listed on BSE Social Stock Exchange.
- ₹1.27 crore raised via ZCZP bond for children's education.
- Funds will support 420 underserved children in Bihar and Jharkhand.
Light of Life Trust (LOLT), an organization dedicated to eradicating generational poverty, has recently been listed on the BSE Social Stock Exchange (SSE). This strategic move enables LOLT to access a regulated platform for fundraising from various donors and investors.
Through a Zero Coupon Zero Principal (ZCZP) bond issuance, LOLT successfully raised ₹1.27 crore. The entirety of these funds has been earmarked to provide educational and developmental support to 420 children hailing from underserved communities in Bihar and Jharkhand.
This listing on the SSE not only enhances LOLT's transparency and operational readiness but also expands its reach to a wider network of potential supporters. Founder Villy Doctor expressed hope that the ZCZP issue would provide crucial guidance and opportunities for children facing educational barriers, fostering a more secure future for them.
