Chanura Microfinance 21

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India

Chanura Microfinance 21

Milaap

Invest in microfinance

+ 56 other investors

Met een lening van 12.800 euro kunnen 23 vrouwen meer materialen inkopen en zo hun weverij verder uitbreiden.

€12,800

Amount

3.00%

Interest

24 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€12,800
Interest	3.00%
Maturity	24 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 5 hours on 29 January 2020.

The project

Chanura Microfinance, een van de field partners van lokale partner Milaap, heeft een programma waarmee ze kleinere leningen verstrekt. Hiermee wil ze de zelfredzaamheid van mensen in de regio stimuleren.

De organisatie richt zich daarbij vooral op vrouwen in de regio Manipur. Deze regio staat bekend om haar weverijen. De vrouwen maken hier sjaals (mekhala chadors), kleding en beddenspreien.

Momenteel bestaat ongeveer 35% van het totale klantenbestand van Chanura uit weverijen. Bij ongeveer 25% van de huishoudens in de regio Manipur vormt weven de hoofd inkomstenbron.

Lokale partner Milaap verstrekt een lening aan Chanura Microfinance waarmee weverijen in de regio gefinancierd kunnen worden. Met de lening kunnen de vrouwen hun weverij uitbreiden en meer materialen inkopen.

Company name	Milaap
CEO	P K Khuman
Founded	2004-01-02
Location	Imphal
Sector	Financial services
Turnover	€133,619
Employees	38

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 79 lives are improved

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We have already contributed to Chanura Microfinance 21

Ron van Eijk

Els Mol

Nina Peeters

Albert Stoter

+ and another

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