Micro-finance Programme


10,000 Onwards


Interest-free loans to needy students to pay their fees or to start small scale enterprises. Loans are returned in easy instalments by students/parents.

The micro finance programme was started in April 2006. Through the programme, students receive interest-free loans for pursuing higher, technical education or professional courses in our own institute. As these courses have good job opportunities, students can easily repay their loans in instalments after getting a job. Students get maximum 50% of the courses fee as loan. Parent’s income certificate, ration card and living conditions are scrutinised before approving the loan.

sprj programme

I Achieved My Aim to Become a Nurse

Reshma Shinde’s father is an auto-rickshaw driver and earns a meagre income. Reshma took an interest-free loan from our Shama Well programme and achieved her dream to become a nurse. She is now at Godrej Hospital and is proud that she can contribute to her family’s income.

I Would Have Dropped Out of College If I Hadn’t Received An Interest Free Loan

Shweta and her 6 family members live in a single room in a slum. Her father who works as a security guard couldn’t finance her education. Shweta worked as a data entry operator to pay for her studies but most of her income went to support her family. So she took an interest free loan from our Shama Well programme to complete her studies. She aspires to become a software engineer.

sprj sponsorhip programme


Tech Mahindra Foundation and Shama Inc. of U.S.A. have set up corpus funds to provide microfinance to students. Under this scheme, students receive interest-free loans for pursuing higher technical education or professional courses in our own institute or an outside institute. Completing these courses often leads to better job opportunities for students, and since this scheme was started five years ago, more than 80% of the loans have been returned.

How the Scheme Works

  1. Students get maximum 50% of the course fee as interest-free loans.
  2. The loan application is strictly scrutinized. The student submits the parents’ income certificate, and a copy of the ration card. The ration card colour verifies the economic status. In some cases, where income certificates are not available, our field workers visit the applicant’s home and verify the need for a loan.
  3. The students and their parents sign an undertaking to repay the loan either in the very first year in installments if they are from middle class or lower middle class families; or after the students get a job if they are from below poverty line families.
  4. There is regular follow-up on the repayment schedule.
  5. The repaid loans are then utilized for the next batch of needy students.

How YOU Can Help

  1. Donors may sponsor a particular student, who is bright and has the potential to do well in her selected field.
  2. Donors may give to the corpus fund of this scheme, from which the students will be selected and aided.

Feedback to Donors

  1. Donors will receive the complete profile of the student, her family background, her economic condition and updates on her academic performance as well as the loan repayment, along with a photograph and a letter from the student who is selected under the donor’s sponsorship.
  2. Donors will receive a receipt for their contribution with the 80-G certificate for tax benefit.

Our Success Story


Donations to SPRJ Kanyashala Trust are exempted under Section 80-G of Income Tax Act. Donation’s cheques should be in favour of ‘SPRJ Kanyashala Trust’. For electronic payment/direct wire transfer the details are

Beneficiary Name SPRJ Kanyashala Trust
Bank Name Union Bank of India, Branch – Ghatkopar (East)
Bank Address Silver Court Building, M.G. Road, Mumbai – 400077
Beneficiary Account Number 316904010029607 for Rupee donation
Bank Sort / RTGS / IFSC No UBIN0531693