With a loan of EUR 11,750 around 60 women can expand their tailoring, saree, broom, grocery, poultry and masala businesses.
The primary occupation in villages in rural Madhya Pradesh remains as agriculture and animal husbandry. The dominant agricultural produce of the State includes cotton, groundnuts (peanuts), dates and sugarcane. The climate conditions here remain harsh and often women, who work as laborers in these fields, spend their days on the field so they can earn for their families. Mostly, the households these women take care of is comprised of 5 members, and they sustain on an average monthly income of $95. Apart from farming, women engage in sewing, tailoring, snacks making, accessories business, etc.
The local village market or ‘mandi’ becomes their location to sell these products. Often, 4-5 villages come together to organize a huge market on a weekly basis. The menfolk work in the villages or migrate to the nearest towns for better income opportunities. The cities are far from the villages and often connectivity is poor. This makes it harder to ensure the families in Madhya Pradesh earn their daily income.
As a result, women want to begin their own small enterprises to add to their household income and, support their children’s education against all odds. VAMA, is an organization working in Madhya Pradesh since 1988 which has programs implemented for empowering women from such communities in Madhya Pradesh. They are taking the initiative to support and strengthen the small enterprises started by women in these small villages.
60 women seek a loan from VAMA to expand their tailoring, saree, broom, grocery, poultry, masala, and other businesses.
|Company name||VAMA 2|
Milaap is the largest crowdfunding platform in India, enabling stories of hope, courage, and change. They provide credit services to the poor and excluded to help them to work themselves out of poverty.
Milaap partners with a range of credit-worthy field partners who hold a strong social mission. They grant loans for energy projects, water access, artisan supply chains, and more, mostly in rural areas. Many of their projects empower women entrepreneurs, mainly providing working capital to women with a weaving enterprise, small shops, or handicrafts.
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 3. Good health and well-being
SDG 5. Gender equality
SDG 6. Clean water and sanitation
SDG 8. Decent work and economic growth
SDG 10. Reduced inequalities
Read more about the impact you can make through our platform and the SDGs on our impact page.
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- With this investment 4 jobs are created
- With this investment 279 people are reached