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 build toilet and water facilities for a safer sanitary lifestyle
Dataniyasurjaya, a 26-year-old married woman from Ahmedabad, Gujarat, lives in a household of three members and earns a monthly income of INR 35,000. She has come together with 27 other women to request a sanitation loan of INR 15,00,000 through Saath Mahila, with the aim of building toilets and ensuring access to clean water. Currently, the nearest facilities are far away, and each family spends around INR 1,400 per month on medical expenses due to poor sanitation. These women deeply understand the importance of having safe and hy... Read more
Purpose : To purchase paddy to expand her paddy business
Sunita, a 41-year-old woman from Tungidighi village in North Dinajpur district, West Bengal, lives with her family of three. With a monthly household income of INR 25,000 and savings of INR 20,000, she is determined to improve her family’s financial stability. She wishes to support her husband in expanding their paddy business. He buys paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their earnings, Sunita has applied for a loan of INR 60,000 from Grameen Sh... Read more
Purpose : To expand decorative items rental business by purchasing additional equipment
Sonamani, a 24-year-old married woman from North Dinajpur district, West Bengal, supports her family of five with a modest monthly income of INR 25,000. She and her family run a business renting out decorative items such as tables, chairs, bamboo, generators, and ropes for festivals and other occasions. However, their current earnings and limited savings make it difficult to expand the business. To overcome this challenge, Sonamani, has applied for a loan of INR 60,000 from Grameen Shakti, a field partner of Milaap. With this loan,... Read more
Purpose : To expand her business by purchasing more bamboo
Gunnaj, a 33-year-old married woman from Kishanganj district in Bihar, lives with her family of seven. With a monthly household income of INR 24,800, she works hard to support her family through her bamboo business, where she crafts bamboo products tailored to her customers’ preferences. Concerned about the future of her school-going children, Gunnaj is determined to expand her business and increase her earnings. The additional income will help her save for her children’s future and provide for their education. To achieve this, ... Read more
Purpose : To purchase paddy to expand her paddy business
Dipali, a 38-year-old woman from Tungidighi village in North Dinajpur district, West Bengal, lives with her family of four. With a monthly household income of INR 25,000 and savings of INR 16,400, she is determined to improve her family’s financial stability. She wishes to support her husband in expanding their paddy business. He buys paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their earnings, Dipali has applied for a loan of INR 60,000 from Grameen Sha... Read more
Purpose : To expand her clothing business.
Jharna, a 34-year-old married woman from Nadia, West Bengal, runs a clothing business to support her family. She sells a variety of ready-made garments, including shirts, t-shirts, trousers, sarees, and blouses. With a family of four and a monthly income of INR 23,000, Jharna is eager to expand her business to increase her household income. She has applied for a loan of INR 60,000 from Grameen Shakti, one of Milaap's field partners, to purchase more clothing stock for sale. This loan will help her grow her business and improve her ... Read more
Purpose : To expand jute business by purchasing more stock of it
Rojina, a 36-year-old woman from North Dinajpur district in West Bengal, lives with her husband and a daughter, a household of four. Together with her husband, she is engaged in the jute business, which contributes to their monthly household income of INR 25,000. To expand their business, Rojina has applied for a loan of INR 60,000 from Milaap’s field partner, Grameen Shakti. The loan will be utilized to purchase additional stock of jute from the wholesale market and manufacture ropes, sacks, bags, and other products for sale in th... Read more
Purpose : To purchase paddy to expand her paddy business
Sahena, a 39-year-old woman from Raiganj village in North Dinajpur district, West Bengal, lives with her family of five. With a monthly household income of INR 25,000 and savings of INR 18,100, she is determined to improve her family’s financial stability. She wishes to support her husband in expanding their paddy business. He buys paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their earnings, Sahena has applied for a loan of INR 60,000 from Grameen Shakti... Read more
Purpose : To buy paddy and rice to grow her business
Mariam, a 54-year-old woman from the village of Tungidighi in North Dinajpur district, West Bengal, lives with her family of five with a monthly household income of INR 25,000 and savings of INR 17,400. She is determined to improve her family’s financial stability. Mariam wants to support her husband in expanding their paddy and rice business. He purchases paddy directly from the fields, processes and packs it, and sells it in the local market. To grow the business and increase their income, Mariam has applied for a loan of INR 60,... Read more
Purpose : To expand jute business by purchasing more stock of it
Jayanti, a 29-year-old woman from North Dinajpur district in West Bengal, lives with her family of four. Together with her husband, she is engaged in the jute business, which contributes to their monthly household income of INR 25,000. To expand their business, Jayanti has applied for a loan of INR 50,000 from Milaap’s field partner, Grameen Shakti. The loan will be utilized to purchase additional stock of jute from the wholesale market and manufacture ropes, sacks, bags, and other products for sale in the local market. This fin... Read more