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funding gap emerging markets
Inde

SM Gram Bikash Kendra 4

  • Milaap
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  • With a loan of EUR 30,800 around 100 woman in the Bengal province will purchase cloth in bulk, and upgrade their handlooms.

    €30 800
    Montant
    3,00%
    Intérêt
    24 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€30 800
    Intérêt3,00%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 9 jours sur 26 Juillet 2017.

      Résumé

      The centuries old textile tradition in India has continued to thrive. Even today, handloom clusters in Bengal are known for their unique designs and techniques. These handloom saris have bewitched wearers with their bright colours and tribal embroidery on the ‘pallu’ (the part of the saree which is let loose) rendered entirely by handlooms.    

      The women behind these intricate designs and embroideries, see earnings not more than $80-$95 every month. They reside in the Burdwan district of West Bengal, which is famous for its weaving centres. Here, children study in nearby government schools for which they travel long distances. Due to financial constraints or the pressure of domestic chores, a lot of these students drop out. Erratic electricity supply is another problem, but several of these households have turned towards solar lanterns. The roads and other infrastructure remain under-developed. Women here still give birth at home. Regardless of all these problems, this community remains vibrant and has a strong sense of brotherhood.

      Milaap, through its field partner SMGBK, has decided to help 100 women from Burdwan district of West Bengal achieve an improved position in the economy, by raising funds for them to develop their traditional handloom enterprises. With the funds, these ladies will purchase cloth in bulk, and upgrade their handlooms.

      Nom de l’entrepriseSM Gram Bikash Kendra 4
      PDGGanesh Modak
      Création2005-01-01
      LieuWest Bengal
      SecteurServices financiers
      Chiffre d'affaires€344 613,92
      Employés82

      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 6 emplois sont créés
      • Avec cet investissement 24 sont améliorées

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