Donors across the world
Your contribution will help them restart their activities
One of the biggest sectors of the Indian economy: small and micro businesses has been hit hard by the essential safety measures such as the lockdown in the aftermath of the Covid-19 outbreak. This sector contributes over 30% towards the GDP and employs around 40% of India’s workforce. Social distancing and isolation have brought these businesses to a practical halt, all over the country.
Small and micro businesses play an important role in creating livelihoods in various parts of the country, solving problems of sustenance and dependence. Today, these very businesses are struggling to survive.
Over the last decade, Milaap has created a strong network to support small businesses with timely capital interventions, supporting over 1.5 lakh businesses in the process. While they wait for long-term relief, there is a crying need for some kind of immediate financial aid.
The Small Business Relief Initiative will leverage our existing infrastructure (as well as of partners) to provide relief to these businesses. Under this initiative, Milaap and its partner for the Small Business Relief Initiative - Intuit QuickBooks will provide a platform for qualifying businesses that have been impacted by the COVID-19 to raise micro-grants to meet essential business expenses.
We hope additional companies and generous individual donors will continue to contribute to this Fund in the coming weeks, in order to provide the much-needed aid to even more businesses across the country. If you are interested in becoming a partner, please get in touch with us at firstname.lastname@example.org