Apani Sahkari Sewa Samiti 9

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India

Apani Sahkari Sewa Samiti 9

Milaap

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With a loan of EUR 15,700 Apani can help out 28 women borrowers and their families in Rajasthan by providing them loans.

€15,700

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€15,700
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 17 Diciembre 2018.

El proyecto

Rajasthan faces extreme temperatures which makes agriculture, one of the difficult processes. Here, most of the crop production is only from paddy and in comparison, and the income from agriculture is low in comparison with other occupations. But there are many families who continue the agriculture business for commercial and self-produce purposes. Women engage in animal rearing, masala-making, dairy businesses etc in their local area.

The average monthly income of such families is less than $60. The women in Rajasthan want to take the responsibility of earning for their household to support their children, secure their livelihood and future. Hence, Apani has been helping out such women borrowers and their families in Rajasthan by providing them with loans. Through this project, these rural communities of Rajasthan will benefit socioeconomically and they will invest in better seeds, fertilizers, water improvements etc.

Nombre de la empresa	Milaap
Director general	Rajendra Bhatt
Fundado	2004-01-01
Ubicación	Rajasthan
Sector	Servicios financieros
Volumen de negocio	€1,384,066.28
Empleados	36

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.