Impact+ Milaap 2019-2
With a loan of EUR 169,000 Milaap will be able to provide working capital to small and medium enterprises and fieldpartners in India.
Investments via Impact + are direct investments in financial institutions and/or companies and cannot be related to specific projects.
With a loan of EUR 169,000 Milaap will be able to provide working capital to small and medium enterprises in India.
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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.
Related blog articles
Many Milaap projects support female entrepreneurs in India. Learn more here on how female entrepreneurs are driving GDP growth worldwide.
- With this investment 5 jobs are created
- With this investment 50 lives are improved