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funding gap emerging markets
India

Guardian 8

  • Milaap
  • Invertir en microfinanzas
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  • With a loan of EUR 12,900 the organization Guardian is able to provide 84 women with loans for water connections.

    €12,900
    Importe
    3.50%
    Interés
    24 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€12,900
    Interés3.50%
    Vencimiento24 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 1 día.en 27 Septiembre 2017.

      El proyecto

      Like many rural households, families have been impacted by the water crisis in India. Like most households around them, they rely on water from the public tap in the village. Situated a long walk away from their home, the tap runs only a few hours each day. Often, after spending the morning in a queue, Jeyanthi and her friends are unable to get sufficient water for the needs of their families. With insufficient water to drink and practice hygiene, they run the risk of frequent illnesses.  

      Through Milaap’s partner, GUARDIAN, their families now have the option to install a water connection in each of their homes. So Jeyanthi and her group seeks a loan to bring water in their homes, by having a water connection installed. 

      Your loan will help 84 families save their time spent on fetching water, help them be healthy and more productive, and empower them to realize their goals of uplifting themselves.

      Nombre de la empresaMilaap
      Director generalSenthil Kumar
      Fundado2007-01-01
      UbicaciónTamil Nadu
      SectorServicios financieros
      Volumen de negocio€462,741.81
      Empleados63

      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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