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
Ruth, a 60-year-old married woman from the Ukhrul district of Manipur, lives with her family of five and earns a monthly household income of INR 21,000. She leads a group of 63 committed members who work diligently to support their families and save for a better future. Understanding that increased income and financial control are key to economic empowerment, Ruth and her friends strive to become self-sufficient and create wealth. Their collective efforts will not only benefit Ruth and her family but also uplift the entire communit... Read more
Purpose : To expand the cultivation of coconut, paddy, and cotton
Chitra, a 50-year-old married woman from the Thiruvarur district of Tamil Nadu, cultivates a variety of crops, including coconut, paddy, and cotton. She supports her family of four and earns a modest income from farming. Chitra hopes to improve her farm’s productivity and expand cultivation by purchasing better-quality seeds, fertilizers, and other essential farming inputs. To achieve this goal, she has applied for a loan of INR 500,000 through Velicham, a Milaap field partner. Your support will help Chitra increase her crop yield,... Read more
Purpose : To expand the cultivation of coconut, banana, tea leaves, pepper, and vegetables
Hari, a 32-year-old married man from the Nilgiris district of Tamil Nadu, cultivates a variety of crops, including coconut, banana, tea leaves, pepper, and vegetables. He supports his family of two and earns a modest income from farming. Hari hopes to improve his farm’s productivity and expand cultivation by purchasing better-quality seeds, fertilizers, and other essential farming inputs. To achieve this goal, he has applied for a loan of INR 500,000 through Velicham, a Milaap field partner. Your support will help Hari increase his... Read more
Purpose : To expand the cultivation of coconut, paddy, and cotton.
Chitra, a 49-year-old married woman from the Thanjavur district of Tamil Nadu, cultivates a variety of crops, including coconut, paddy, and cotton. She supports her family of three and earns a modest income from farming. Chitra hopes to improve her farm’s productivity and expand cultivation by purchasing better-quality seeds, fertilizers, and other essential farming inputs. To achieve this goal, she has applied for a loan of INR 400,000 through Velicham, a Milaap field partner. Your support will help Chitra increase her crop yield,... Read more
Purpose : To expand the cultivation of coconut, paddy, and cotton.
Amutha, a 49-year-old married woman from the Thiruvarur district of Tamil Nadu, cultivates a variety of crops, including coconut, paddy, and cotton. She supports her family of three and earns a modest income from farming. Amutha hopes to improve her farm’s productivity and expand cultivation by purchasing better-quality seeds, fertilizers, and other essential farming inputs. To achieve this goal, she has applied for a loan of INR 500,000 through Velicham, a Milaap field partner. Your support will help Amutha increase her crop yield... Read more
Purpose : To expand his vegetables business by purchasing more vegetables
Philip is a 52-year-old resident of the Nilgiris district in Tamil Nadu. He runs a small vegetable shop and supports his family of two, earning a modest livelihood through his business. He aims to expand his vegetable enterprise by sourcing produce directly from the wholesale market and selling it at retail prices. However, his current income is insufficient to support this expansion. To achieve his goal, Philip has applied for a loan of INR 300,000 through Velicham, a field partner of Milaap. With this investment, he expects his m... 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 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 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
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