Crowdfunding small loans for India | Milaap
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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
$ 0.00

Still Requires
$ 4,761.90

Adlasandeep Adla Bharathi
from Karimnagar, Telangana

Purpose : To expand the cultivation of cotton, mango sugarcane and paddy

Adlasandeep is a 28-year-old married farmer from the Karimnagar district of Telangana who cultivates crops such as cotton, sugarcane, mango, and paddy. He supports his family of two and earns a modest livelihood through farming. Adlasandeep aspires to improve his farm’s productivity and expand his cultivation by investing in better-quality seeds, fertilizers, and other essential agricultural inputs. To achieve these goals, he has applied for a loan of INR 400,000 through Velicham, a field partner of Milaap. This financial support w...   Read more


Funded
$ 29.76

Still Requires
$ 4,136.90

Sherly Sherin Mathew
from Mundakayam, Kerala

Purpose : To expand her vegetables business by buying more vegetables

Sherly is a 56-year-old married woman from the Kottayam district of Kerala who runs a small vegetable shop. She supports her family of two with a modest monthly income of INR 30,000. She hopes to expand her business by sourcing vegetables directly from the wholesale market and selling them at retail prices. However, her current income is not sufficient to support this expansion. To achieve her goal, Sherly has applied for a loan of INR 350,000 through Velicham, a field partner of Milaap. She expects this investment to help increase...   Read more