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funding gap emerging markets
Inde

Gram Utthan 19

  • Milaap
  • Investir dans la microfinance
  • + 42 autres investisseurs
  • With EUR 25,050 around 50 women are able to achieve an improved position in the economy, by expanding their businesses.

    €25 050
    Montant
    3,00%
    Intérêt
    24 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€25 050
    Intérêt3,00%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 1 jour sur 17 Mai 2018.

      Le projet

      Odisha houses few of the most financially backward families in India. Communities from Chandabali district of Bhadrak in Odisha slums lack even the basic amenities such as personal water connections and toilets.

      A typical household in this setup consists of four members on an average- wife and husband, and their two children. The women of these households are homemakers, or are engaged in small-businesses such as tailoring, incense stick making, petty shops or beauty parlours, while the men are usually away, working in nearby towns and cities as carpenters, drivers, construction workers and daily wage labourers. The women and men of these households together are able to bring in no more than $90-$150 per month.

      In spite of the hardships that accompany such low incomes, the people of Chandabali have not relinquished their dreams and aspirations. Milaap, through its partnership with Gram Utthan, will provide 50 women with funds to expand or setup their tailoring, incense stick making, petty shops, beauty parlours, grocery stores, dairy business etc.

      Local partner Milaap provides a loan to Gram Utthan that must be repaid in 24 months.

      Nom de l’entrepriseMilaap
      PDGGovind Dash
      Création1990-01-01
      LieuOdisha
      SecteurServices financiers
      Chiffre d'affaires€7 780 736,10
      Employés180

      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 50 emplois sont créés
      • Avec cet investissement 200 sont améliorées

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      Nous avons déjà contribué à Gram Utthan 19

      Jan de Wit
      Ton Schroer
      A. Pronk
      Marco Mansveld
      + et autre
      42
      investisseurs