Gram Utthan 31
With a loan of EUR 31,400 Gram Utthan will be able to provide 28 women with growth capital to expand their businesses.
€31,400
3.00%
24 months
6 months
EUR
CurrencyAmount | €31,400 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Summary
The Gram Utthan organization is active in Odisha in the area of livelihood, sanitation and energy. Their core values focus on improving living conditions and creating sustainable development.
Gram Utthan encourages women to expand their businesses or, in some cases, to start them up. Often it is about sewing clothes, selling dairy, selling food or making jewellery.
Local partner Milaap helps Gram Utthan to reach these women and provide them with growth capital.
Company name | Gram Utthan 31 |
CEO | Govind Dash |
Founded | 1990-01-01 |
Location | Odisha |
Sector | Financial services |
Turnover | €7,996,693 |
Employees | 180 |
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 28 jobs are created
- With this investment 136 lives are improved