Grameen Shakti 1

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Inde

Grameen Shakti 1

Milaap

Investir dans la microfinance

+ 55 autres investisseurs

With a loan of EUR 32,150 around 71 women can expand their businesses in order to improve their position in the economy.

€32 150

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€32 150
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 4 jours sur 24 Juin 2019.

Le projet

India is still home to several tribal people who have not been introduced to the lifestyle of the modern world. Such a population lives in the Burdwan region of Bengal. They are known mainly for their skills in weaving saris which is famous across India, knitting, pottery, fish farming, etc.

The households consist of five members on average. The women are typically engaged in the small businesses their husbands run which include small tea shops, grocery stores, bidi-making enterprises, etc. The average household sees earnings not more than $88-$94 every month. Children go to school 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. Regardless of all their problems, the community remains vibrant and has a strong sense of brotherhood.

With this loan around 71 women are able to achieve an improved position in the economy, by expanding their businesses.

Local partner Milaap will provide the loan, which has to be repaid in 24 months.

Nom de l’entreprise	Milaap
PDG	Ganesh Modak
Création	2017-09-15
Lieu	West Bengal
Secteur	Services financiers
Chiffre d'affaires	€4 244 855,07
Employés	82

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.