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funding gap emerging markets
India

Chanura Microfinance 5

  • Milaap
  • Invertir en microfinanzas
  • + otros 30 inversores
  • With EUR 6,600 around 44 mothers will be able to pay school fees, purchase textbooks, stationery items and school uniforms.

    €6,600
    Importe
    3.00%
    Interés
    24 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€6,600
    Interés3.00%
    Vencimiento24 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 2 díasen 10 Agosto 2017.

      El proyecto

      Most of the primary government schools are situated in rural and semi-rural areas in Manipur. Although they are functional, they only have primary level standards/ classes. Furthermore, these schools do not have any concrete infrastructure or facilities. Reportedly in most cases either there are no teachers or if any, were on a contract basis. Most of these rural schools are occupied by security forces in conflict and violence prone areas.   The families of these children are engaged in agricultural activities and other domestic chores which is why, they are sent to shabby schools as their parents are out in the cultivation fields the whole day. Most importantly girls do not go for higher education. Beside poverty, when they attain teenage they become helpful for house hold chores and agriculture or cultivation work. 

      The education system in the state is at a critical juncture. It is a must if must if peace and normalcy were to be restored in the state and unless it is improved at the primary level, Manipur will remain backward in terms of the education system. 

      Chanura, through Milaap, has been supporting children and schools in this area by providing them with Education loans. 44 mothers from Manipur have come forward to seek Education loans for their children. This project will benefit these students to have a brighter future.  They will be able to pay their school fees, purchase necessary textbooks and stationery items and school uniform. It will go a long way towards empowering them and helping them find their own paths towards success.

      Nombre de la empresaMilaap
      Director generalP.K Khuman
      Fundado2007-01-01
      UbicaciónManipur
      SectorServicios financieros
      Volumen de negocio€148,383.80
      Empleados38

      Impacto

      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.

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