Avanse Financial Services Ltd, last week announced partnership with three NGOs – MelJol, Samarthanam and Muktangan for education initiatives under its Corporate Social Responsibility.
The NGO MelJol works with 40 Ashram schools in Palgarh district and the project reaches out to about 5,340 adolescents. It associates with disadvantaged children in Government schools, village institutions and pre-schools across the country to provide them with opportunities to participate in the process of development.
Avanse will fund primary education of students from three Ashram schools in Palgarh. This initiative will impact 400+ students in the next 12 months.
The NBFC company has partnered with NGO Samarthanam by supporting ~25 students who are currently in their 12th standard to complete their college education in Mumbai. This initiative has been designed to provide facilities such as learning aids for online sessions, hostel facilities, food and other assistive equipment for these students.
Avanse associated with NGO Muktangan to train ~500 community teachers, especially women, to serve the agenda of “education for the community, by the community”. The initiative will further create a positive influence in the lives of many more students in future
Amit Gainda, Company’s CEO said, “As an education focused NBFC, we are committed to partner with the ecosystem to make quality education accessible for every deserving underserved Indian student.”
“We are proud to be associated with MelJol, Samarthanam and Muktangan as they have been doing an incredible work in supporting the underprivileged community. We are confident that our collaborative approach and collective efforts will create a stronger impact in the lives of these deserving students”, he said.