Blaze Trust 3
With a loan of EUR 13,800 Blaze Trust will provide 55 mothers education loans to fund their children’s tuition fees en books.
13 800 €
|Montant||13 800 €|
The people of rural Tamil Nadu mainly depend on agriculture. The literacy rate here is slightly below 75%. The younger members of this community go to local government schools as their parents now understand the importance of education, and wish for their children to have greater opportunities than they have themselves. For higher education, students have to travel 1-2 hours every day to a nearby town. Life remains full of tough challenges for these children despite their exposure to education. The cramped houses with little to no ventilation do not make for ideal places to study. Additionally, the girls do not receive the same kind of support for pursuing their education and are often expected to help out with household chores. In spite of these hardships, the children and their supportive parents have not relinquished their dreams and aspirations.
Milaap, through its partnership with Blaze Trust, will provide 55 mothers from Coimbatore education loans- to fund their children’s tuition fees, stationery needs, textbooks, school uniform etc.
Local partner Milaap provides a loan to Blaze Trust that must be repaid in 24 months.
|Nom de l’entreprise||Blaze Trust 3|
|Chiffre d'affaires||2 623 467,81 €|
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.
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.
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Many Milaap projects support female entrepreneurs in India. Learn more here on how female entrepreneurs are driving GDP growth worldwide.
- Grâce à cet investissement 2 emplois sont créés
- Avec cet investissement 275 sont améliorées