Milaap provides a global crowdfunding platform for interest-free lending. Milaap Social Ventures Pte Ltd and its subsidiaries do not originate or collect loans in India; that function is carried out by a partnering non-profit working with other non-profit micro-finance institutions and NBFC-MFIs at the grassroots. The partnering non-profit is authorised to bring overseas loan funds into India under the Reserve Bank of India’s External Commercial Borrowings (ECB) framework.
Lenders should see these loans as an engaging and innovative form of giving, without any financial expectation whatsoever. They should also note that Milaap loans are philanthropic and high-risk: you may lose some or all of your principal, defaults can occur, and any currency-exchange losses are your responsibility.
To know more please read the Milaap Lending Terms.
Purpose : To purchase a sewing machine to expand business
Gohilkokilaben is a 45-year-old married woman residing in Kheda district, Gujarat. She is engaged in the tailoring business. She stitches clothes such as kurtis, salwar suits, and other garments. She has a household of three members and a household monthly income of INR 30,500. She wants to purchase a new sewing machine and a kit of needles, thread rolls, buttons, etc to expand her tailoring business. She has applied for a group loan of INR 20,00,000 from Saath Mahila, one of Milaap's field partners. She leads a group of thirty-nine w... Read more
Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Ruth, a 60-year-old married woman from the Ukhrul district of Manipur, lives with her family of five and earns a monthly household income of INR 21,000. She leads a group of 63 committed members who work diligently to support their families and save for a better future. Understanding that increased income and financial control are key to economic empowerment, Ruth and her friends strive to become self-sufficient and create wealth. Their collective efforts will not only benefit Ruth and her family but also uplift the entire communit... Read more
Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Wortam, a 43-year-old married woman from Ukhrul district in Manipur, lives with her family of four and manages a modest household income of INR 20,000 per month. She leads a group of 50 determined women who work tirelessly to support their families while saving diligently for a better future. Believing that financial independence brings true empowerment, Wortam and her group aspire to become self-reliant and build sustainable livelihoods. Their efforts are aimed not just at improving their own lives, but also at uplifting their fam... Read more
Purpose : To purchase additional timber and better-quality wood logs
Shyamali is a 50-year-old Married woman residing in the North 24 Parganas district, West Bengal, with a family of four. Shyamali is engaged in the wood business and has a monthly household income of INR 22,000. She wants to purchase more quantity of timbers, logs of wood etc to sell in the local market and to expand her business. She has applied for a group loan of INR 130,000 from WeGrow, one of Milaap's field partners. She leads a group of three women. All of them are engaged in income-generating activities and need a loan to expand... Read more
Purpose : To purchase paddy, rice to expand her business
Bani is a 33-year-old married woman running a paddy and rice business. She lives with her family of four, including a school-going daughter, and earns a monthly income of INR 25,000. To expand her business, Bani plans to purchase paddy and rice in bulk for resale to her customers. She has applied for a loan of INR 40,000 from Grameen Shakti, one of Milaap’s field partners. Bani and her family are deeply grateful to their lenders for their support.... Read more
Purpose : To purchase paddy to expand her business
Kiran is 54-year-old. She lives with her family in the North Dinajpur district of West Bengal, lives with her family of four, and manages a monthly household income of INR 25,000. Determined to improve her family’s financial stability, she wishes to support her husband in expanding their paddy business. Her husband sources paddy directly from farms, processes and packs it, and sells it in the local market. To grow their business and increase earnings, Kiran has applied for a loan of INR 40,000 from Grameen Shakti, a field partner o... Read more
Purpose : Help Joshidevangiben Build a Safe and Hygienic Toilet
Joshidevangiben, a 19-year-old homemaker from Wadhwan, Surendranagar, Gujarat, lives with her husband and young daughter. The family earns INR 35,000 a month, but their toilet is in poor condition, with broken floors, damp walls, and a weak roof that worsens during heavy rains. Clogging and leakage make it unsafe and unhygienic for daily use. Leading a group of 28 women facing similar challenges, she wants to construct proper toilets with septic tanks and drainage systems. Since their savings are not enough, Joshidevangiben has app... Read more
Purpose : To purchase seeds, fertilizers, pesticides etc for corn, paddy, jute, and fruit cultivation
Punam, a dedicated 31-year-old woman from Kishanganj, Bihar, lives with her family of five. Her husband cultivates paddy, corn, jute, and banana on their farmland, earning a modest income by selling the produce in local markets. However, their current earnings are not enough to ensure long-term financial stability for their family. To improve their livelihood, Punam and her husband have decided to expand into large-scale cultivation of corn, paddy, jute, and fruits. To support this plan, Punam, along with other women in her group, ... Read more