DCBS 5
With a loan of EUR 12,550 around 67 woman in Bihar will be able to invest in clean and safe sanitation.
€12,550
3.00%
24 months
6 months
EUR
CurrencyAmount | €12,550 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Summary
Bihar is one the most impoverished states in India. Even though urban Bihar is growing at a fast rate today, it still has the lowest per capita income in the whole country. 80% of Bihar's population is engaged in agricultural activitities with members still dependent on nature to a great extent through animal husbandry, poultry, dairy, fishing and traditional agriculture etc.
The average monthly income of such families is less than $100 as a result of which the land they work on is usually on lease. Due to their hand-to-mouth situation, the families try to cut down on labour costs by ensuring that all family members work on the field. Children, after returning from school, help out their parents with farming. With such conditions, availing loans to better their prospects has been difficult. However, DCBS has been supporting women and their families in this area by providing them with small business loans as well as loans to improve their quality of living- such as sanitation.
Through this project, these communities of Katihar district in Bihar, will build toilets. The loan amount help 67 women invest clean and safe sanitation.
Company name | DCBS 5 |
CEO | Animesh Naiyya |
Founded | 2003-01-01 |
Location | West Bengal and Bihar |
Sector | Financial services |
Turnover | €269,377.55 |
Employees | 53 |
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 268 lives are improved
- Met deze lening worden 67 toiletten gebouwd