Milaap's focus is to collaborate with grass-roots organizations that provide affordable financing to the poor. We look for organizations that work in areas such as education, energy, healthcare, sustainable farming, vocational training, and water & sanitation in regions in India where there are few alternatives to affordable credit.
These organisations, referred to as 'Field partners', are an important part of Milaap's ecosystem. The right field partner ensures that we have the insight needed to design effective credit programs for the borrower.
Field partners are an important contributor to Milaap's ecosystem. The right field partner ensures that we have the essential insights needed to design effective credit programs with the objective of improved living conditions and sustainable livelihoods for the borrower.
Milaap engages in a rigorous four step process to identify and select field partners.
The alliance between Milaap and the field partners results in greater and faster access to low cost capital for disbursement to borrowers. It also means high transparency, adherence to set procedures, and regular borrower management.