1er investissement ? 500 € garantis avec le code GOODSTART.
En savoir plus
funding gap emerging markets
Inde

Youth Volunteers' Union 2

  • Milaap
  • Investir dans la microfinance
  • + 12 autres investisseurs
  • WIth EUR 6,800 YVU Microfin supports women in these areas and will help uplift 30 women and their families.

    €6 800
    Montant
    3,00%
    Intérêt
    24 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€6 800
    Intérêt3,00%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 22 heures sur 10 Janvier 2017.

      Le projet

      Manipur is one of the ‘seven sisters’ in the Northeastern region of India. The state is breathtakingly beautiful but happens to be one of the most impoverished states in the country. The region has had a very volatile history, and continues to be fraught with problems relating to insurgency. Against this backdrop, Manipur houses several underserved communities- majority of which have tribal ancestry. The area lacks even basic infrastructure in some places.

      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.

      Currently, women from Imphal East in Manipur are seeking a loan to invest in their respective micro-enterprises. These women mostly work on their small traditional weaving enterprises where they make shawls called mekhala chadors, loin cloths and bed spreads. In addition to weaving, tea-stalls and small cafes are also a popular choice of business that a lot of these women run. These women will purchase raw materials for their businesses- looms for weaving, different varieties of threads, inventory items for their tea-stalls such as tea, sugar, snacks etc. Through its partnership with Milaap, YVU Microfin supports women in these areas, uplifting them from poverty- the loan will help uplift 30 women and their families.

      Nom de l’entrepriseMilaap
      PDGBikendrajit Akoijam
      Création1996-01-01
      LieuAssam and Manipur
      SecteurServices financiers
      Chiffre d'affaires€347 378,40
      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 5 emplois sont créés
      • Avec cet investissement 20 sont améliorées

      Pardon! Vous devez être connecté pour voir cette page.

      Pardon! Vous devez être connecté pour voir cette page.

      Pardon! Vous devez être connecté pour voir cette page.

      Pardon! Vous devez être connecté pour voir cette page.

      Pardon! Vous devez être connecté pour voir cette page.