First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
India

Prayas 15

  • Milaap
  • Invest in a Financial Institution
  • + 50 other investors
  • With a loan of EUR 23,600 Prayas will be able to help 115 woman to construct or renovate a toilet at their home.

    €23,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 hours on 5 October 2018.

      Summary

      Prayas is a voluntary development organization working to empower vulnerable groups of society in Western parts of India- Gujarat, and parts of Madhya Pradesh. It came into existence in November 1997. Prayas facilitates capacity building activities, natural resource management projects, microfinance programs, and livelihood activities. The primary strategy is to provide inputs for building community-based local organizations to promote long-term sustainability.

      Prayas aims to promote a broad range of goals including human rights, women empowerment and self-dependence of underserved communities. Identifying sanitation as a tool for empowerment, Prayas runs a microcredit programme which allows women to construct or renovate toilets at home. So far, they have successfully helped many women and their families gain access to safe sanitation and lead a life of dignity. However, several families are still forced to walk long distances to defecate in the open, putting their health at risk. Prayas seeks to continue to improve this situation, one borrower at a time. 

      Company namePrayas 15
      CEOBhadresh Rawal
      Founded1997-01-01
      LocationGujarat
      SectorFinancial services
      Turnover€339,405
      Employees105

      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 494 lives are improved
      • Met deze lening worden 115 toiletten gebouwd

      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 Prayas 15

      Marlies Witteveen
      Gert Baas
      Menne Glas
      Peter Boot
      + and another
      50
      investors