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 purchase a sewing machine to expand business
Jyotsna is a 56-year-old married woman residing in the North 24 Parganas district of West Bengal. She is engaged in the tailoring business. She stitches clothes such as kurtis, salwar suits, and other garments. She has a household of three members and a household monthly income of INR 25,000. 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 80,000 from WeGrow, one of Milaap's field partners. She leads a group of two wo... Read more
Purpose : To purchase woods and necessary materials for shuttering business
23-year-old Rajeswari is a married woman hailing from North 24 Parganas, West Bengal. She has a household size of four people with school-going children and a household monthly income of INR 25,000. She wants to expand her husband's shuttering business by buying some wood, bamboo, and other necessary masonry tools for his business. Hence, she has applied for a group loan of INR.60,000 from Milaap's field partner, WeGrow. Rajeswari leads a group of two women. Both of them are engaged in income-generating activities and need a loan to e... Read more
Purpose : To expand her fruit business by purchasing more seasonal fruits
Ohida, a 34-year-old married woman from North 24 Parganas district in West Bengal, runs a small fruit-selling business. She sells a variety of fruits like Mangoes, papaya, apples, bananas, oranges, and more in her local area. With a household of four members and a monthly income of INR 25,000, Kanti works hard to support her family. She now wishes to expand her business independently to increase her income and improve her family’s living standards. To achieve this, she is seeking a loan of INR 88,000 from WeGrow, one of Milaap's fi... Read more
Purpose : To purchase a sewing machine to expand her business
Mamtaj, a 42-year-old married woman from Baduria, North 24 Parganas, West Bengal, earns her livelihood through tailoring. She stitches a variety of garments, including blouses, nighties, pants, and pillow covers. With a family of four, her household income stands at INR 25,000 per month. To grow her business and meet the increasing demand, Mamtaj plans to purchase a new sewing machine along with tailoring essentials like needles, thread rolls, buttons, and other materials. To support this goal, she has applied for a group loan of I... Read more
Purpose : To expand her brick business by purchasing more raw materials for making bricks
Papiya, a 31-year-old resident of the North 24 Parganas district in West Bengal, lives with her family of four and has a monthly household income of INR 25,000. Papiya and her husband runs a brick-making business and dreams of expanding it to improve thier family’s financial stability. To turn this dream into reality, Papiya plans to purchase more raw materials for brick production, enabling her to supply bricks for construction purposes and meet growing customer demand. To support this expansion, she has applied for a loan of INR ... Read more
Purpose : Shahba use this loan amount expanding herself Fruit business.Under this business she sells Fruit like, banana,orange,guava, etc.
Shahba, a 25-year-old married woman from Kishanganj district, Bihar, runs a fruit-selling business. She sells a variety of fruits like papayas, apples, bananas, and mangoes in her local area. With a household of four and a monthly income of INR 25,000, Shahba aims to expand her business to increase her earnings. She has formed a group with three other women from her village, all of whom wish to grow their respective businesses. Together, they are seeking a group loan of INR 160,000 through Grameen Shakti, a field partner of Milaap.... Read more
Purpose : To expand her fish-selling business
Sonali, a 36-year-old mother from North 24 Parganas, West Bengal, lives with her husband and a school-going son. She leads a group of two hardworking women from her locality, both striving to grow their small businesses. Together, they are seeking a loan of INR 85,000 from WeGrow, one of Milaap’s field partners. Sonali earns her livelihood by selling fish in the local market. Despite a modest household income of INR 25,000 per month, her business has potential. She maintains the quality of her stock and stores any unsold fish in a ... Read more
Purpose : To purchase a sewing machine to expand business
Arpita is a 39-year-old married woman residing in the North 24 Parganas district of West Bengal. She is engaged in the tailoring business. She stitches clothes such as kurtis, salwar suits, and other garments. She has a household of three members and a household monthly income of INR 25,000. 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 100,000 from WeGrow, one of Milaap's field partners. She leads a group of two wo... Read more
Purpose : To expand paddy business by increasing stock of paddy
Mala, a 28-year-old housewife, lives in the Kishanganj district of Bihar with her husband and two children. Her husband is involved in the paddy selling business, which is the family's sole source of income. He purchases various types of paddy from local farmers and sells them in the local market. With his experience in the business and his commitment to maintaining high product quality, he has earned goodwill in the community, and his customers are satisfied with his products and service. Now, he plans to increase the stock and va... Read more
Purpose : To purchase seeds, fertilizers, pesticides etc for paddy cultivation
Rinki lives with her family of three in the Cooch Behar district of West Bengal. Her household is comprised of herself, her husband, and her son. Both she and her husband work in the agricultural fields and take care of cultivation on the land. Together they make a monthly income of INR 25,000. This is not enough for them to sustain their family of three. Thus, they want to expand the paddy cultivation, for which they will need to purchase more seeds and fertilizer from the local market. Rinki is joined by two other women in applying ... Read more