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funding gap emerging markets
India

Apani Sahkari Sewa Samiti 11

  • Milaap
  • Invertir en microfinanzas
  • + otros 56 inversores
  • With a loan of EUR 19,500 around 18 women from Rajasthan will be able to invest in their microbusinesses of traditional handicrafts.

    €19,500
    Importe
    3.00%
    Interés
    24 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€19,500
    Interés3.00%
    Vencimiento24 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 18 horasen 10 Octubre 2019.

      El proyecto

      India has an acclaimed tradition in its handicrafts and the northern Indian state of Rajasthan is known and noted for its tradition in toy-making and embroideries such as Bandhej, Gota, Aratari etc. This is a land of art and craftsmen. The people of this state doubtlessly love a colourful life, but at the same time skilled in a number of arts. One such art is wooden toy manufacturing which is practised in many districts of Rajasthan.

      With the motivation of Self Help Groups (SHG) and NGOs like Apani Sahakari Sewa Samiti, there are new and interesting methods of empowering rural women who are skilled in such crafts and providing them with the means to sustain a livelihood. They are being trained in diverse fields such as embroidery, handicrafts etc.  

      Through this loan, 18 women from Rajasthan will be able to invest in their microbusinesses. The funds will not only empower these women and their families but also go a long way in preserving these dying traditional crafts and expanding their other businesses.

      Nombre de la empresaMilaap
      Director generalRajendra Bhatt
      Fundado2004-01-01
      UbicaciónJaipur
      SectorServicios financieros
      Volumen de negocio€1,382,620
      Empleados36

      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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