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.
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.
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.
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.
I Cannot Believe I Have Chance to Study!
Soniya Shakhat, her parents and five siblings subsist below the poverty line on the footpath at Vidyavihar, a suburb of Mumbai. Soniya was admitted to Class V in our school. She received special tutoring to catch up with her class and now enjoys learning.
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 Sharma Well programmer to complete her studies. She aspires to become a software engineer.
LBW Scholarship Helped Me to Complete My Graduation & Support My Family
Nehal Gada's father has expired and she lives with her mother and brother in a 10x10 room in Asalfa village, a large slum area in Mumbai. Nehal worked as a salesgirl to support her studies and completed her B.Com with help from LBW scholarship. She is now working as an accountant, earning well and helping her family.
Thanks To The Scholarships, Now I Am A Software Developer In Reliance
Chitra Patel's father had a heart problem and couldn't support her education. Chitra completed her Bechelor in Engineering with SPRJK Trust's scholarships and has achieved her dream, working as a software developer in Reliance.
I Achieved My Aim To Become A Nurse
Reshma Shinde's father is an auto-rickshaw driver and earns meager income. Reshma took an interest-free loan from our Shama Well Programme and achieved her dream to become a nurse. She is now working at Godrej Hospital and is proud that she can contribute to her family's income.
Fullfilled My Dream To Become An Accountant
Sahnti Patel and her six siblings live with their parents in a single room chawl. Shanti completed her B.Com with the help of LBW scholarship and went on to do her M.Com. She is now working as an accountant at Gurukrupa Enterprise and supporting her siblings.
Your Help Changed My Life
Isharat Shaikh's father has abandoned his wife and four children. Isharat's younger siblings have left studies and are doing menial jobs. Isharat was able to complete her M.A. with the help of SPRJK Trust's scholarships and is now working in Ways and Solutions Consultancy as a recruiter and is supporting her family.
Thanks To SPRJK Trust I Am Going To School
Nandini and her family live in slum. Her parents are illiterate and earn daily wages. Nandini was admitted to our school where her life has been transformed. Besides free eductaion, she gets free uniforms, books, shoes, education accessories and enjoys free food and material.
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|
|Bank SWIFT code||UBININBBGHT|