A Canadian Indian Teenager Invents App to Provide Financial Aid to the Poor
BANGALORE: The saying ‘today’s children are tomorrow’s citizen’ has been proved by a lot of inspiring teenagers around the globe. From voicing against violence to finding successful startups nowadays children are all over the news. A seventeen year old teenager, Gurujot Singh is also not an exceptional. He has also contributed to the growth of his country’s economy by inventing an app which can provide financial help to the poor people in the country, reports Times of India.
The Canadian Indian teenager is born and raised in Canada’s Brampton but his roots are in Amritsar and Mumbai. Thus being concerned about the poverty and economy growth of his land of origin, he has come up with the brand new app. His invention made him a part of J7 Youth Summit in Germany earlier this year, in which youths aged 14-18 from various G7 countries met other delegates. Gurujot also met German Chancellor Angela Merkel along with five other North Park Secondary School students.
He stated that "The idea behind my application is to allow people in developed countries to offer microloans to people in developing countries. In these countries, people may not be eligible for a loan from their bank or local moneylender due to reasons such as geographic underdevelopment or gender inequality. The issue today is that even if the banks or moneylenders are willing to lend you money, it will be at unrealistic and un-payable rates. By using this application and posting your ads online, it allows people from all around the world to see what/ how much you need and offer at competitive interest rates. My teachers, Paul Brown and Miriam Mirza, encouraged me to join the Social Justice Club at my school. On joining the club I got countless opportunities. They inspired me to be more involved and to think beyond my own horizons. I attribute my ideas and success to them."
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