STEP 10

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Inde

STEP 10

Milaap

Investir dans la microfinance

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With a loan of EUR 16,850 around 34 women are able to achieve an improved position by expanding their businesses.

€16 850

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€16 850
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 heures sur 1 Novembre 2019.

Le projet

Kolkata is the capital of West Bengal. Kolkata has many poor neighborhoods where people do their best to survive. Many women in these neighborhoods have focused on weaving fabrics, sewing and tilling the land.

Most families consist of 5 people. The average income is around $ 90 a month. Children often have to travel great distances to go to school. Still, many families manage to keep their heads above water by making and selling products.

With a loan, the STEP organization can help 34 women to expand their businesses.

Local partner Milaap is the borrower and provides financing to STEP.

Nom de l’entreprise	Milaap
PDG	Abhijit Bera
Création	2010-01-01
Lieu	West Bengal
Secteur	Services financiers
Chiffre d'affaires	€5 424 698
Employés	52

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.