Divine Omega School Sees 59.6% Student Growth with Protium’s Loan Against Property
Overview
- Company name: Divine Omega Shikshan Sansthan
- Parent company – H K Enterprises
- Business owner names: Mrs. Pooja Mahariya
- Location: Sikar, Rajasthan
- Industry: Education
- Initial investment by the owner: Self-Funded
- Current Number of Students: 372 students
- Protium customer since: 2022
Business History and Expansion
Mrs. Mahariya began her teaching journey from her home, creating a comfortable learning environment for 70 children. As student numbers grew to 200, the home setup became too small. She secured a 70-lakh loan from Protium to build a dedicated school building, initially a single-storey structure.
The business owner sought a 60-lakh top-up loan from Protium to expand as the school thrived. This allowed her to build a second floor, extend classes to 5th grade, and create more than one divisions for all classes from playgroup to class 5.
As the student strength increased, Mrs Mahariya felt the need to upgrade the school’s infrastructure and convert her regular classrooms into smart classrooms with the help of tech. For this, the school owner approached Protium yet again with a second top-up loan of 50 lakh . Protium approved this as the repayment history was healthy and business plan was once again clearly defined; further enabling the business to enable the construction of one more floor and introducing modern technology into the learning environment.
| Challenges | Solutions | Result |
| Limited space in home-based setup | Secured a 70-lakh loan from Protium to build a dedicated school building | The loan was used to construct the initial school building, which consisted of the first floor. This allowed her to move the school from her home to a dedicated space. |
| Financial constraints in expanding and improving infrastructure and human resources | A 60-lakh top-up loan from Protium facilitated significant expansion, including infrastructure upgrades to additional divisions accommodate the increasing number of students. | Led to a 59.6% increase in student capacity, a 54% growth in teaching staff, and a remarkable 233% increase in non-teaching staff. |
| Meeting growing demand and creating tech enabled facilities | Secured another top up of ₹50 lakh for a third-floor expansion and building of smart classrooms. | The school now is building the 3rd floor with smart classrooms |
Quote from the Founder
“Divine Omega started with just 70 students and has grown to 372 as of FY 2024, offering quality education with modern facilities. Expanding as a woman entrepreneur had its challenges, but funding wasn’t one, thanks to Protium. Their seamless loan process helped us build classrooms and enhance infrastructure. More than financial aid, Protium believed in my vision, making growth smoother and ensuring a brighter future for our students.”