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funding gap emerging markets
India

Apani Sahkari Sewa Samiti

  • Milaap
  • Invest in a Financial Institution
  • + 89 other investors
  • With EUR 29,600 around 100 women from Rajasthan will be able to invest in their microbusinesses.

    €29,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€29,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 15 May 2017.

      Summary

      India has an acclaimed tradition in its handicrafts and the northern Indian state of Rajasthan is known and noted for its tradition in toy-making and embroideries such as Bandhej, Gota, Aratari etc.This is a land of art and craftsmen. The people of this state doubtlessly love a colorful life, but at the same time skilled in number of arts. One such art is wooden toy manufacturing which is practiced in many districs of Rajasthan. With the motivation of Self Help Groups (SHG) and NGOs like Apani Sahakari Sewa Samiti, there are new and interesting methods of empowering rural women who are skilled in such crafts and providing them with the means to sustain a livelihood. They are being trained in diverse fields such as embroidery, handicrafts etc. 

      Through this loan, 100 women from Rajasthan will be able to invest in their microbusinesses of traditional handicrafts. The funds will not only empower these women and their families, but also go a long way in preserving these dying traditional crafts.

      Company nameApani Sahkari Sewa Samiti
      CEORajendra Bhatt
      Founded2004-01-01
      LocationJaipur
      SectorFinancial services
      Turnover€1,663,309.35
      Employees36

      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 10 jobs are created
      • With this investment 40 lives are improved

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      We have already contributed to Apani Sahkari Sewa Samiti

      Gert Mosterd
      Corné de Haas
      Madelien van Manen
      Tammo Bootz
      Gerard de Jong
      + and another
      89
      investors