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 start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Worchuila is a 44-year-old married woman living in the Ukhrul district of Manipur with her family of five. Her household earns a monthly income of INR 23,000. She leads a group of thirty-eight dedicated women who work hard to support their families while saving toward a more secure future. Recognizing that financial independence and greater control over income are essential for economic empowerment, Worchuila and her group are determined to become self-reliant and build sustainable livelihoods. Their efforts are aimed not only at i... Read more
Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Lemmila is a 52-year-old married woman living in the Ukhrul district of Manipur with her family of five. Her household earns a monthly income of INR 25,000. She leads a group of thirty-eight dedicated women who work hard to support their families while saving toward a more secure future. Recognizing that financial independence and greater control over income are essential for economic empowerment, Lemmila and her group are determined to become self-reliant and build sustainable livelihoods. Their efforts are aimed not only at impro... Read more
Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Ninglumla is a 53-year-old married woman living in the Ukhrul district of Manipur with her family of three. Her household earns a monthly income of INR 15,000. She leads a group of thirty-eight dedicated women who work hard to support their families while saving toward a more secure future. Recognizing that financial independence and greater control over income are essential for economic empowerment, Ninglumla and her group are determined to become self-reliant and build sustainable livelihoods. Their efforts are aimed not only at ... Read more
Purpose : To fund the renovation of toilet at her home
Dabhisonalben is a 31-year-old married woman living with her family of five in the Surendranagar district of Gujarat. They reside in a modest pucca house built of bricks. Despite having a permanent home, the family does not have access to a functional toilet. The existing facility is in poor condition, forcing them to walk long distances to a public toilet or use nearby shrubbery an unsafe and unhygienic practice. This situation not only affects their dignity but also poses serious health risks due to open defecation and the discomfor... Read more
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
Purpose : To purchase a sewing machine to expand business
Rathodradhika is a 36-year-old married woman residing in Surendranagar 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 24,540. 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 1,500,000 from Saath Mahila, one of Milaap's field partners. She leads a group of forty-fo... Read more
Purpose : To expand her vegetables business by buying more vegetables
Revathi, a 44-year-old married woman from the Nilgiris district of Tamil Nadu, runs a small vegetable shop and supports her family of three. To increase her income, Revathi plans to expand her business by purchasing a larger quantity of fresh vegetables from the wholesale market and selling them at retail prices in her locality. However, her current earnings are not sufficient to support this additional investment. To pursue this goal, she has applied for a loan of INR 300,000 through Velicham, a field partner of Milaap. She exp... Read more
Purpose : To expand her vegetables business by buying more vegetables
Kannu, a 48-year-old married woman from the Nilgiris district of Tamil Nadu, runs a small vegetable shop and supports her family of three. To increase her income, Kannu plans to expand her business by purchasing a larger quantity of fresh vegetables from the wholesale market and selling them at retail prices in her locality. However, her current earnings are not sufficient to support this additional investment. To achieve her goal, she has applied for a loan of INR 300,000 through Velicham, a field partner of Milaap. She expects... Read more
Purpose : To expand the cultivation of coconut, banana, tea leaves, pepper, and vegetables
Bharathi, a 53-year-old married woman from the Nilgiris district of Tamil Nadu, is engaged in farming and cultivates a variety of crops such as coconut, banana, tea leaves, pepper, and vegetables. She supports her small family with the income generated from her agricultural activities. Looking to improve her farm’s productivity and expand her cultivation, Bharathi plans to invest in high-quality seeds, fertilizers, and other essential farming inputs. To support this, she has applied for a loan of INR 300,000 through Velicham, a fie... Read more