Fuelling Ambition for the Yashasri Educational Society with Our Educational Finance.
Overview
- Company name: YASHASRI EDUCATIONAL SOCIETY
- School name – YASHASRI HIGH SCHOOL
- Business owner names: ANEEL KUMAR PANDHIMUKKULA and RADHA PANDIMUKKULA
- Location: Nizamabad, Telangana
- Industry: Educational Institution
- Protium customer since: 2023
- Increase in student count: 54 students to 1120 – 20.74 % times more.
- Expansion – started from a rented place and now owns the land and school.
Background
Founded in 2003, the school started with a modest enrolment of 54 students, offering classes from nursery to 7th standard. Mr Aneel Kumar along with 8 dedicated teachers guided these early learners in a rented building.
Despite its humble beginnings, the school faced significant challenges, including inadequate infrastructure, classroom facilities, and the ongoing need to pay rent. This led many local students to opt for city schools, which offered convenient bus transportation. The availability of these city schools posed a significant threat and competition to the local school’s growth.
To address these challenges, the school’s founder made a significant investment by purchasing its own building in 2007 by taking a personal loan and selling his agricultural land. However, additional funds were still needed for further infrastructure improvements.
Initially, Mr Aneel sought funding from another NBFC amounting to 90 lakhs at a very high interest rate. His attempts at securing better interest rates on his loan were futile; pushing him to seek alternative financing options.
On seeking an educational institutional loan from Protium at affordable interest rates and flexible repayment tenure, Mr Aneel was able to make significant investments that included the purchase of a land for a new building, clearing existing debts, establishing digital classrooms, and purchased four buses for student transportation.
Challenges | Solutions |
1. Rented building | In 2007 by taking a personal loan and selling his agricultural land he could only buy the building. |
2. Limited classroom facilities. | Protiums Education Finance loan helped him to buy the full land, he was able to build a bigger office, clear existing debts, establishing digital classrooms and extended classrooms till 10th std. |
3. Student transportation. | He was able to buy 4 busses to help with the school transportation. |
Results
- Student growth – From 54 students to 1120 students
- Increase in trained teaching staff – From 8 teaching staffs to 28 teaching staffs
- Addition of more grades – from 7th standard to 10th standard
- Transportation – Frome zero to 4 school busses
Why did Yashasri Educational Society choose Protium’s Educational finance?
- Protium’s Educational Financing offered a significantly lower interest rate.
- A truly substantial loan amount, setting Protium apart from other financial services.
- Protium’s quick verification and documentation process led to much faster loan approval.
- Protium consistently provided a higher level of service.
Quote from the Founder
“Protium exceeded my expectations with its exceptional service. The loan process was remarkably smooth, and I was impressed by the higher loan amount and improved ROI. I highly recommend Protium for anyone seeking a hassle-free and rewarding financial experience.”
-Mr Aneel