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 grow the paddy business by increasing inventory.
Dhulon, a 40-year-old married woman from North Dinajpur district, West Bengal, supports her family through her husband’s paddy-selling business, their sole source of income. Her husband buys paddy from local farmers and sells it in the market. His dedication to quality and experience has earned him a solid reputation and satisfied customers. To expand their business, Dhulon and her village friends have applied for a group loan of INR 150,000 from Grameen Shakti, a field partner of Milaap. She plans to use her share of the loan to i... Read more
Purpose : To grow the paddy business by increasing inventory.
Manjura, a 56-year-old married woman from North Dinajpur district, West Bengal, supports her family through her husband’s paddy-selling business, their sole source of income. Her husband buys paddy from local farmers and sells it in the market. His dedication to quality and experience has earned him a solid reputation and satisfied customers. To expand their business, Manjura and her village friends have applied for a group loan of INR 150,000 from Grameen Shakti, a field partner of Milaap. She plans to use her share of the loan to... Read more
Purpose : To expand her handloom saree business
Jhuma is a 30-year-old married woman from Nadia district, West Bengal, who lives with her family of four. She is engaged in the handloom saree business, which is an important source of income for her household. She sells handwoven sarees to customers in her local community. To expand her business and meet growing customer demand, Jhuma has joined hands with her friends from the village and applied for a group loan of INR 165,000 from Grameen Shakti, a field partner of Milaap. She plans to use the loan to purchase additional sarees ... Read more
Purpose : To expand her grocery business by purchasing more grocery items
Shanmuni is a 45-year-old married woman residing in Dinajpur district, West Bengal. She runs a small grocery store where she sells essential items such as sugar, rice, pulses, tea, salt, wheat, cooking oil, and other household products. She lives in a household of four, including school-going children, and her family has a monthly income of approximately INR 18,000. To expand her business and meet the growing demand in her local market, Shanmuni plans to purchase larger quantities of sugar, rice, tea, and other essential grocery it... Read more
Purpose : To expand paddy business by increasing stock of paddy
Shami is a 40-year-old married woman from Katihar district, Bihar, who lives with her husband and two children. Her husband runs a paddy trading business, purchasing paddy from local farmers and selling it in the local market. The business is the family’s primary source of income. To help expand the business, Shami has joined hands with her friends from the village and applied for a group loan of INR 170,000 from Grameen Shakti, a field partner of Milaap. She will use her share of the loan to purchase additional paddy and increase ... Read more
Purpose : To expand her clothing business.
Mira is a 50-year-old married woman from Purba Bardhaman, West Bengal. She operates a clothing business to support her family, selling a variety of readymade clothes including sarees, blouses, dresses, churidars, kurtis, leggings, and handkerchiefs. Her household consists of four members with a monthly income of INR 20,000. To increase her household income and expand her clothing business, Mira has applied for a loan of INR 335,000 from Grameen Shakti, one of Milaap's field partners. She plans to use the funds to purchase more dres... Read more
Purpose : To expand paddy business by increasing stock of paddy
Abida, a 32-year-old housewife, lives in Purba Bardhaman district of West Bengal with her husband and two children. Her husband is involved in the paddy selling business, which is the family's sole source of income. He purchases various types of paddy from local farmers and sells them in the local market. With his experience in the business and his commitment to maintaining high product quality, he has earned goodwill in the community, and his customers are satisfied with his products and service. Now, he plans to increase the stoc... Read more
Purpose : To expand tea stall by adding more snacks and supplies
Sukma, a 31-year-old woman from a small village in Katihar district, Bihar, runs a tea stall alongside her husband. Together, they work diligently to provide for their family and support their children education. Their stall, known for its variety of teas, earns about INR 19,000 per month. In addition to tea, they serve biscuits, cakes, and other snacks, attracting travelers seeking refreshment, especially during the busy morning and evening hours. To expand their menu and increase their earnings, Sukma along with her friends, is s... Read more
Purpose : To purchase seeds, fertilizers, pesticides etc for paddy, mustard, jute and vegetables cultivation
Zahana, a 55-year-old married woman from Kishanganj, Bihar, lives with a family of five. Her husband cultivates paddy, mustard, jute, and vegetables 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, Zahana and her husband have decided to expand into large scale cultivation of paddy, mustard, jute, and vegetables. To support this plan, Zahana, along with her friends s... Read more
Purpose : To purchase seeds, fertilizers, pesticides etc for paddy, mustard, jute and vegetables cultivation
Tumpa, a 38-year-old married woman from Kishanganj, Bihar, lives with a family of four. Her husband cultivates paddy, mustard, jute, and vegetables 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, Tumpa and her husband have decided to expand into large scale cultivation of paddy, mustard, jute, and vegetables. To support this plan, Tumpa, along with her friend seeki... Read more