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
$ 1,049.46
Still Requires
$ 4,902.90
Kanimozhi Malarkodi
from Thanjavur, Tamil Nadu
Purpose : To expand her coconut oil, and tender coconut business
Kanimozhi, a 44-year-old hardworking entrepreneur from the Thanjavur district of Tamil Nadu, earns her livelihood by selling coconuts, coconut oil, and tender coconuts. She provides fresh coconut products to local customers and supplies coconut oil to nearby shops and households, helping support her family’s daily needs through this small business. To grow her business, she has applied for a loan of INR 5,00,000 through Velicham, a Milaap field partner. The funds will be used to purchase coconuts in bulk, improve storage facilities... Read more
Funded
$ 1,910.43
Still Requires
$ 4,030.04
Shiju Mini
from Kattapana, Kerala
Purpose : To expand his dairy business producing milk, curd, butter, and cheese
Shiju is a 46-year-old dairy farmer from the Idukki district of Tamil Nadu who runs a small dairy unit with a few cows. He produces and sells fresh milk, curd, butter, and cheese, and also uses cow manure as organic fertilizer for his own fields, as well as selling it to nearby farmers. His dairy business provides his family with a stable source of income and supports their day-to-day needs. To strengthen and expand his operations, Shiju has applied for a loan of INR 500,000 through Velicham, a field partner of Milaap. The loan wil... Read more
