You can help a family fundraise for a better life. Make a loan.
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.
Funded
$ 8,003.04
Still Requires
$ 13,929.13
THAKORNIRALIBEN And Group
from Viramgam, Gujarat
Purpose : To purchase a sewing machine to expand business
Thakorniraliben is a 31-year-old married woman residing in the Ahmedabad 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 four members and a household monthly income of INR 35,000. 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 forty ... Read more
