Shanti Life Canada
Registered Name: Shanti Life Canada
Business No: 827701038RR0001
This organization is designated by Canada Revenue Agency (CRA) as a registered charity. They comply with the CRA's requirements and has been issued a charitable registration number.
Shanti Life team works with the poor in India to enable self sustainability through microfinance.
We work with the poor in Indian villages and slums to help create sustainable living through microfinance. We focus on sanitation and the creation of small businesses.
- We aim to promote sustainable living and NON- dependence on the microfinance loan cycle. We want people to graduate out of microfinance and become bankable – this is a true measure of our joint success.
- Through planning, consultation, training, mentoring, larger loans and go to market opportunities we provide a holistic approach.
- Our loans are larger generally $100 plus and our interests are capped at 12% though are sometimes as low as 7%.
- We provide funds to men and women of all religions and castes.
- We don’t make loans to clients (that word isn’t in our vocabulary) rather each person we work with becomes a partner or beneficiary – we know them
- We work in communities where we know there is a group support and desire to improve living standards
- We don’t want to make millions of loans rather we want to make a deep impact in the lives of those who can become role models for others.
- Pay it Forward – each person who is successful in their activities will repay their loans which will be recycled to others in the community