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funding gap emerging markets
India

Prayas 10

  • Milaap
  • Invertir en microfinanzas
  • + otros 34 inversores
  • With a loan of EUR 12,800 Prayas will be able to help 60 woman to construct or renovate toilet at home.

    €12,800
    Importe
    3.00%
    Interés
    24 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€12,800
    Interés3.00%
    Vencimiento24 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 4 díasen 27 Enero 2018.

      El proyecto

      Read the information document of the issuer here

      Prayas is a voluntary development organisation working to empower vulnerable groups of society in Western parts of India- Gujarat and parts of Madhya Pradesh. It came into existence in November 1997. Prayas facilitates capacity building activities, natural resource management projects, microfinance programs and livelihood activities. The primary strategy is to provide inputs for building community-based local organizations to promote long-term sustainability.

      Prayas aims to promote a broad range of goals including human rights, women empowerment and self-dependency of underserved communities. Identifying sanitation as a tool for empowerment, Prayas runs a microcredit programme which allows women to construct or renovate toilets at home. So far, they have successfully helped many women and their families gain access to safe sanitation and lead a life of dignity. However, several families are still forced to walk long distances to defecate in the open, putting their health at risk. Prayas seeks to continue to improve this situation, one borrower at a time. 

      Nombre de la empresaMilaap
      Director generalBhadresh Rawal
      Fundado1997-01-01
      UbicaciónGujarat
      SectorServicios financieros
      Volumen de negocio€367,847.97
      Empleados105

      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.

      • Con esta inversión se mejoran 240 vidas
      • Este préstamo se utilizará para construir 60 aseos.

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