IndiaShakti Mahila Sangh Bahu 18
With a loan of EUR 25,650 around 26 women can further strengthen their small farms by purchasing more high yielding crops.
€25,650
3.00%
24 months
6 months
EUR
Currency| Amount | €25,650 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
A large number of small communities can be found around Madhya Pradesh. The inhabitants of these villages have not had it easy in recent decades. Immersed in poverty, they try to make the best of it. The construction of a large Sardar Sarovar dam also meant that many families were forced to relocate.
There is a lot of illiteracy and most children do not get much further than primary school. On average there is 1 school per 15-20 villages. Households in this region earn on average around $ 95 a month.
Many families are employed in agriculture and arable farming (such as potatoes, maize, onions), in addition, many women work as seamstresses or they make all kinds of products that are sold in the larger cities.
| Company name | Milaap |
| CEO | NS Parihar |
| Founded | 2017-11-01 |
| Location | Madhya Pradesh |
| Sector | Financial services |
| Turnover | €3,820,638 |
| Employees | 83 |
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 26 jobs are created
- With this investment 114 lives are improved
Sorry! You must be logged in to view this page.
Sorry! You must be logged in to view this page.
Sorry! You must be logged in to view this page.
Sorry! You must be logged in to view this page.
Sorry! You must be logged in to view this page.
We have already contributed to Shakti Mahila Sangh Bahu 18
Joop Singelingrits dijkstraAlbert StoterJan de WitJudith Janssen