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 expand a paddy and rice business
Dipti, a 22-year-old married woman, lives in a small village called Bindol in the North Dinajpur district of West Bengal. She wishes to support her husband in expanding their paddy and rice business. Her husband buys paddy directly from the fields, processes it, packs it, and sells it in the local market. With a household of five members, the family earns around INR 25,000 per month and manages to save about INR 17,900. To further improve their income, Dipti is seeking a loan of INR 60,000 through Grameen Shakti, a field partner of... Read more
Purpose : To purchase paddy, rice to expand paddy business.
Gitarani lives in a small village called Bindol in the North Dinajpur district of West Bengal. She wishes to support her husband in expanding their paddy and rice business. Her husband buys paddy directly from the fields, processes it, packs it, and sells it in the local market. With a household of four members, the family earns around INR 25,000 per month and manages to save about INR 18,800. To further improve their income, Gitarani is seeking a loan of INR 60,000 through Grameen Shakti, a field partner of Milaap. With your su... Read more
Purpose : To purchase stock for expanding grocery business.
Kanan is a 49-year-old woman from Raiganj, North Dinajpur district, West Bengal, who runs a grocery store. She sells essential items like tea, sugar, rice, pulses, spices, salt, and oil etc. With a household of four and a monthly income of INR 25,000, Kanan is looking to expand her business by purchasing larger quantities of sugar, rice, tea, and other goods to meet the demands of the local market. She has applied for a loan of INR 60,000 from Grameen Shakti, one of Milaap's field partners, to help her grow the business. Kanan and ... Read more
Purpose : To procure paddy and rice and scale up her business
Shiromani, a 36-year-old woman from Tungidighi village in North Dinajpur district, West Bengal, lives with her family of five. With a household income of INR 25,000 per month, she is determined to improve her family’s financial stability. She wants to support her husband in expanding their paddy business. Her husband purchases paddy directly from the fields, processes and packs it, and sells it in the local market. To grow this venture and increase their earnings, Shiromani has applied for a loan of INR 60,000 from Grameen Shakti, ... Read more
Purpose : To expand her paddy dust business
Taro, a 35-year-old woman from North Dinajpur district of West Bengal, lives with her husband and a son. To support her family, she is engaged in the paddy dust business. Paddy dust, which is a by-product of paddy processing, is in demand as cattle feed and for other purposes in the local market. Taro and her husband collect paddy dust from mills, pack it, and sell it to nearby vendors and farmers. This small business provides income for the household, but their earnings are limited and not enough to cover household expenses and sa... Read more
Purpose : To buy paddy and rice to grow her business
Mamuni, a 34-year-old woman from the village of Tungidighi in North Dinajpur district, West Bengal, lives with her family of five. With a monthly household income of INR 25,000 and savings of INR 16,700, she is determined to improve her family’s financial stability. Mamuni wants to support her husband in expanding their paddy and rice business. He purchases paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their income, Mamuni has applied for a loan of INR 60... Read more
Purpose : To purchase paddy and rice to expand her business
Dekhan, a 36-year-old woman from the village of Tungidighi in North Dinajpur district, West Bengal, lives with her family of six. With a monthly household income of INR 25,000 and savings of INR 17,700, she is determined to improve her family’s financial stability. Dekhan wants to support her husband in expanding their paddy and rice business. He purchases paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their income, Dekhan has applied for a loan of INR 60,... Read more