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funding gap emerging markets
India

BJS 11

  • Milaap
  • Invest in a Financial Institution
  • + 29 other investors
  • With EUR 12,500 around 55 women admit their children to schools, pay tuition fees, purchase books and pay for the school buses.

    €12,500
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€12,500
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 1 June 2018.

      Summary

      Belghoria Janakalyan Samity (BJS) is a not for profit organization based in the eastern Indian state of West Bengal. It was formed with a single goal of alleviating poverty through women empowerment. It aims to reach families in the most underserved and financially poor areas in West Bengal. 

      BJS focuses on holistic development of the weaker section of the society, especially women, providing both financial and non-financial services. It uses microfinance as a tool for poverty alleviation and focuses on building self-sufficiency among women.

      In line with its goal of making women self-sufficient, BJS adopted a methodology of forming women into self-help groups. Through this structure, it gives out loans to women who do not have the ability to bear the expenses to educate their children. Children in these villages usually drop out at an early age because their families find it difficult to bear the expenses of educating them further. In 2013, BJS designed its education program to help children of these deprived families go to school. With financial assistance, women admit their children to schools, pay tuition fees, purchase books and stationery, pay for the school buses, etc.

      Through the program, BJS has been able to impact the lives of many families till date, and it needs help to continue its work to expand its reach to many more deprived areas in West Bengal. 

      Company nameBJS 11
      CEOBiswajit Das
      Founded2006-01-01
      LocationWest Bengal
      SectorFinancial services
      Turnover€560,223.36
      Employees180

      Impact

      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.

       

      SDG’s impacted

      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.

      • With this investment 4 jobs are created
      • With this investment 220 lives are improved

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      We have already contributed to BJS 11

      Casper Roos
      Ton Schroer
      Marco Mansveld
      A. Pronk
      Jan Okken
      + and another
      29
      investors