Shakti Mahila Sangh Bahu 17

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India

Shakti Mahila Sangh Bahu 17

Milaap

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With a loan of EUR 32,050 around 106 women can further strengthen their small farms by purchasing more high yielding crops.

€32,050

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€32,050
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 horasen 28 Octubre 2019.

El proyecto

A large number of small communities can be found around Madhya Pradesh. The inhabitants of these villages have not had it easy in recent decades. Immersed in poverty, they try to make the best of it. The construction of a large Sardar Sarovar dam also meant that many families were forced to relocate.

There is a lot of illiteracy and most children do not get much further than primary school. On average there is 1 school per 15-20 villages. Households in this region earn on average around $ 95 a month.

Many families are employed in agriculture and arable farming (such as potatoes, maize, onions), in addition, many women work as seamstresses or they make all kinds of products that are sold in the larger cities.

Nombre de la empresa	Milaap
Director general	NS Parihar
Fundado	2017-11-01
Ubicación	Madhya Pradesh
Sector	Servicios financieros
Volumen de negocio	€3,764,046
Empleados	83

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.