CodersTrust is a microfinancing investment platform that funds tech-based education in emerging markets. The company is helping freelancers who work for Elance-oDesk Inc., an online outsourcing workplace site with 8 million freelancers worldwide, upgrade their skills.
CodersTrust is deeply honoured to have the support of the famed media theorist and writer Doughlas Rushkoff. His knowledge will be a huge asset for CodersTrust's global goal of upgrading young people in the emerging markets technological skills.
Almost half the world — over three billion people — live on less than $2.50 a day. This limits them from getting an education and pursuing a better life.
Freelance marketplaces – such as oDesk and Elance – are transforming how the world works and millions of jobs are being made available on online job portals.
CodersTrust democratizes access to education by creating an entirely new education infrastructure to serve the demand of the freelance marketplaces.
Microloans are paid out monthly for a duration of 12 months. The microloans are divided into living expenses and tuition fee. This model allows the student to focus on their educational progress and further their IT skills.
Students follow a 12-month personalized e-learning curriculum, work with a mentor, and perform paid assignments from online freelance marketplaces.
During the CodersTrust program the student get’s a great online freelance profile with reviews, worked hours, passed tests and client portfolio. This combined with their upgraded skills that are in-demand ensures they get better paying jobs and tasks.
Student’s are guaranteed the monthly microloans. Once a student start earning money from freelance portals, they start repaying the microloan.