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Upskilling, not ISAs - by Anmol Maini

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I've been thinking and exploring the Income Share space for the last year or so and wanted to take this opportunity to write out my thoughts on the space as well as ISA companies coming up in the Indian Ecosystem. Justin Potts (CEO, Avenify) wrote a really good guide of what Income Share Agreements are. The simplest explanation is that instead of taking on debt, a borrower would get capital from a lender. In exchange for this capital, the borrower would agree to share a certain percentage of their income with the borrower. Income Share Agreements have actually existed for a while, Yale University ran "The Tuition Postponement Option was a student loan program in the 1970s that enabled groups of undergraduates to pay off loans as a “cohort” by committing a portion of their future annual income to pay back money borrowed from the University." - Yale Daily News. The program failed because high earners paid out early, low earners defaulted and so most of the debt was left to the other grad

I've been thinking and exploring the Income Share space for the last year or so and wanted to take this opportunity to write out my thoughts on the space as well as ISA companies coming up in the Indian Ecosystem. Justin Potts (CEO, Avenify) wrote a really good guide of what Income Share Agreements are. The simplest explanation is that instead of taking on debt, a borrower would get capital from a lender. In exchange for this capital, the borrower would agree to share a certain percentage of their income with the borrower. Income Share Agreements have actually existed for a while, Yale…

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