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 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 purchase farm supplies to expand vegetable cultivation.
Bunitha, a 40-year-old married woman from the Nilgiris district of Tamil Nadu, cultivates a variety of vegetables such as tea leaves, coffee beans, beetroot, beans, carrot, cabbage and potato to support her family. Agriculture is their primary source of income, and they work diligently to supply fresh produce to local markets. However, limited financial resources often restrict her ability to invest in quality inputs and expand her cultivation. To improve her yield and income, Bunitha is seeking a loan of INR 2,00,000 from Velicha... Read more
Purpose : To expand poultry business by purchasing more chicks and supplies for poultry business
Amitvijay, a 29-year-old man from the Satara district of Maharashtra, runs a small poultry business to support his family. He raises chickens and supplies them to local markets, earning a modest income through his hard work and dedication. To expand his poultry operations and improve his earnings, Amitvijay plans to purchase more chicks along with necessary fodder and medicines. However, limited financial resources have made it difficult for him to scale his business. To address this need, he is seeking a loan of INR 2,00,000 from ... Read more
Purpose : To scale up her paddy and rice business
Sanjita is a 38-year-old woman from North Dinajpur district, West Bengal. She lives with her family of three and manages a monthly household income of INR 25,000. With a strong desire to improve her family’s financial security, she actively supports her husband in growing their paddy and rice business. Her husband procures paddy and rice directly from farmers, processes and packages the produce, and sells it in the local market. The business has steady demand, but limited working capital restricts their ability to purchase stock in... Read more