Prayas 18
With a loan of EUR 17,900 Prayas will be able to help 84 woman to construct or renovate a toilet at their home.
€17,900
3.00%
24 months
6 months
EUR
CurrencyAmount | €17,900 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
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 name | Milaap |
CEO | Bhadresh Rawal |
Founded | 1997-01-01 |
Location | Madhya Pradesh |
Sector | Financial services |
Turnover | €343,500.57 |
Employees | 105 |
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 333 lives are improved
- Met deze lening worden 84 toiletten gebouwd