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funding gap emerging markets
Inde

Youth Volunteers’ Union

  • Milaap
  • Investir dans la microfinance
  • + 44 autres investisseurs
  • With EUR 48,000 YVU Microfin supports more women in areas like Assam and Manipur, uplifting them from poverty.

    €48 000
    Montant
    3,00%
    Intérêt
    24 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€48 000
    Intérêt3,00%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 8 jours sur 31 Octobre 2016.

      Le projet

      Youth Volunteers’ Union (YVU) is primarily a social service non-profit operating in north-eastern India since 1972. Powered by young men and women volunteers, it undertakes programs, such as agriculture development, watershed programs, lift irrigation projects, and environment and social issues awareness creation among local communities.

      YVU started its microfinance operation called YVU Microfin in 1996 to drive self-sustainability and greater ownership of these programs by communities. YVU Microfin provides impoverished locals with credit to develop and build their own microenterprises and uplift themselves. It works towards financing this enterprise development and progress among women from underprivileged communities in Assam and Manipur.

      The Northeastern region of India houses several underserved communities- majority of which have tribal ancestry. The women in this region mostly work on their small traditional weaving enterprises where they make shawls called mekhala chadors, loin cloths and bed spreads. Through its partnership with Milaap, YVU Microfin supports women in these areas, uplifting them from poverty.

      Nom de l’entrepriseMilaap
      PDGBikendrajit Akoijam
      Création1996-01-01
      LieuAssam and Manipur
      SecteurServices financiers
      Chiffre d'affaires€346 996,24
      Employés230

      Impact

      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.

      • Grâce à cet investissement 10 emplois sont créés
      • Avec cet investissement 40 sont améliorées

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      Nous avons déjà contribué à Youth Volunteers’ Union

      Ron van Eijk
      Hans Bierhuis
      Wim Mortier
      Gerard de Jong
      + et autre
      44
      investisseurs