funding gap emerging markets
Inde

Grameen Shakti 1

  • Milaap
  • Investissement via un partenaire local
  • + 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
    Montant32 150 €
    Intérêt3,00%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 4 jours sur 24 Juin 2019.
      Choisir le montant
      Investir à partir de 50 €
      Investissement moyen
      Basé sur l'historique de tous les investissements sur Lendahand
      Financement complet
      Le projet sera entièrement financé

      Résumé

      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’entrepriseGrameen Shakti 1
      PDGGanesh Modak
      Création2017-09-15
      LieuWest Bengal
      SecteurFinancial services
      Chiffre d'affaires4 244 855,07 €
      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.

       

      Related blog articles

      Many Milaap projects support female entrepreneurs in India. Learn more here on how female entrepreneurs are driving GDP growth worldwide.

      • Grâce à cet investissement 12 emplois sont créés
      • Avec cet investissement 310 sont améliorées

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      Nous avons déjà contribué à Grameen Shakti 1

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