Gram Utthan 29

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India

Gram Utthan 29

Milaap

Invest in microfinance

+ 30 other investors

Met een lening van 12.850 euro kan Milaap samen met Gram Utthan 21 vrouwen van groeikapitaal voorzien om hun bedrijfjes uit te breiden.

€12,850

Amount

3.00%

Interest

24 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€12,850
Interest	3.00%
Maturity	24 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 3 hours on 7 August 2019.

The project

De organisatie Gram Utthan is actief in Odisha op het gebied van levensonderhoud, sanitatie en energie. Hun kernwaarden richten zich op het verbeteren van levensomstandigheden en het creëren van duurzame ontwikkeling.

Gram Utthan stimuleert vrouwen om hun bedrijfjes uit te breiden of in sommige gevallen op te starten. Vaak gaat het om het naaien van kleding, het verkopen van zuivel, het verkopen van levensmiddelen of het maken van sierraden.

Lokale partner Milaap helpt Gram Utthan om deze vrouwen te bereiken en te voorzien van groeikapitaal.

Company name	Milaap
CEO	Govind Dash
Founded	1990-01-01
Location	Odisha
Sector	Financial services
Turnover	€7,837,703
Employees	180

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 5 jobs are created
With this investment 84 lives are improved

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We have already contributed to Gram Utthan 29

Peter Boot

Ron van Eijk

Edwin Tofield

+ and another

investors