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funding gap emerging markets
India

BJS 13

  • Milaap
  • Invest in a Financial Institution
  • + 20 other investors
  • With a loan of EUR 8,200 euro BJS allows 23 women to construct or renovate toilets at home and reduce infections.

    €8,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 hour on 19 October 2018.

      Summary

      Belghoria Janakalyan Samity (BJS) is a not for profit organization based in the eastern Indian state of West Bengal. It was formed with a single goal of alleviating poverty through women empowerment. It aims to reach families in the most underserved and financially poor areas in West Bengal. 

      BJS focuses on the holistic development of the weaker section of the society, especially women, providing both financial and non-financial services. It uses microfinance as a tool for poverty alleviation and focuses on building self-sufficiency among women.

      In line with its goal of making women self-sufficient, BJS adopted a methodology of forming women into self-help groups. BJS 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. BJS seeks to continue to improve this situation, one borrower at a time. 

      Company nameBJS 13
      CEOBiswajit Das
      Founded2006-01-01
      LocationWest Bengal
      SectorFinancial services
      Turnover€527,827.92
      Employees180

      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 2 jobs are created
      • With this investment 91 lives are improved
      • Met deze lening worden 23 toiletten gebouwd

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      We have already contributed to BJS 13

      Ton Schroer
      Derkjan van Veen
      Dirk Rentmeester
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      20
      investors