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funding gap emerging markets
India

Saath Mahila 4

  • Milaap
  • Invest in a Financial Institution
  • + 58 other investors
  • With EUR 19,300 around 58 women can expand their farming business, tailoring, saree, broom, grocery, animal husbandry, and other businesses.

    €19,300
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€19,300
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 hours on 16 July 2019.

      Summary

      The primary occupation in villages in rural Gujarat remains as agriculture and animal husbandry. The dominant agricultural produce of the State includes cotton, groundnuts (peanuts), dates and sugarcane. The climate conditions here remain harsh and often women, who work as laborers on these fields, spend their days on the field so they can earn for their families. Mostly, the households these women take care of is comprised of 5 members, and they sustain on an average monthly income of $95. Apart from farming, women engage in sewing, tailoring, snacks making, accessories business, etc. 

      Saath Mahila is an NGO based in Ahmedabad, Gujarat. Saath Mahila closely works with the vulnerable communities and empowers the socially marginalized by providing them livelihood linkages, imparting skills leading to employment, health and education facilities. The focus areas of Saath are livelihoods, skill development, health and education, rights, urban governance, financial inclusion, rehabilitation and resettlement, and other community development initiatives.

      The cities are far from the villages and often connectivity is poor. This makes it harder to ensure the families in Gujarat earn their daily income. As a result, women want to begin their own small enterprises to add to their household income and, support their children’s education against all odds. Saath Mahila has empowerment programs for rural women across Gujarat. 

      58 women seek a loan from Saath Mahila to expand their farming business, tailoring, saree, broom, grocery, animal husbandry, and other businesses.

      Company nameSaath Mahila 4
      CEOShyam Prakash Singh
      Founded2012-06-11
      LocationGujarat
      SectorFinancial services
      Turnover€1,112,971.43
      Employees30

      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 5 jobs are created
      • With this investment 290 lives are improved

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      We have already contributed to Saath Mahila 4

      Gerard de Jong
      Joop Singeling
      Nettie Stougje
      Hans Bierhuis
      Ron van Eijk
      + and another
      58
      investors