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
$ 555.31

Still Requires
$ 52.14

Fargun Nishan
from Thakurganj, Bihar

Purpose : To strengthen her bamboo trade

Fargun, 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 daughter, Fargun is determined to expand her business and increase her earnings. The additional income will help her save for her daughter’s future and provide for her education. To achieve this, Fargun has appl...   Read more


Funded
$ 312.27

Still Requires
$ 283.93

Ajefa Khatoon
from DIGHAL BANK, Bihar

Purpose : To expand her tea business with additional stall items

Ajefa, a 30-year-old woman from Kishanganj district in Bihar, runs a small tea stall alongside her husband. Together, they work tirelessly to provide for their family and support the education of their school-going children. Their stall, known for serving a variety of teas, currently brings in a monthly income of INR 17,000. Along with tea, they sell biscuits, cakes, and other snacks, attracting travelers and locals, especially during busy morning and evening hours. To expand their menu and increase their earnings, Ajefa has applie...   Read more


Funded
$ 239.12

Still Requires
$ 357.08

Madhabi Das Gupta
from Swarupganj, West Bengal

Purpose : To purchase coolers, fans, motors, etc., in order to expand electrical shop business

Madhabi, a 47-year-old married woman, resides in a small village in the Nadia district of West Bengal. Along with her husband, she runs an electrical store in their locality, selling coolers, fans, motors, and other electrical appliances to customers in the region. She lives in a household of five and has a monthly income of INR 25,000. To expand her business, Madhabi aims to purchase additional stock of coolers, fans, and motors to increase her sales and profits. However, her current household income is just enough to meet her fam...   Read more


Funded
$ 228.41

Still Requires
$ 367.80

Puja Rabidas
from Patirajpur, West Bengal

Purpose : To purchase paddy to expand her paddy business

Puja, a 26-year-old woman from Patirajpur village in North Dinajpur district, West Bengal, lives with her family of five. With a monthly household income of INR 25,000. 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, Puja has applied for a loan of INR 50,000 from Grameen Shakti, a field partner of Milaap...   Read more


Funded
$ 227.22

Still Requires
$ 368.99

Jayanti Barman
from Raiganj, West Bengal

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


Funded
$ 143.95

Still Requires
$ 452.26

Shalma Begam
from Thakurganj, Bihar

Purpose : To expand her business by purchasing more bamboo

Shalma, a 45-year-old married woman from Kishanganj district in Bihar, lives with her family of eight. 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, Shalma 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


Funded
$ 127.22

Still Requires
$ 468.99

Gunnaj X
from Thakurganj, Bihar

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


Funded
$ 227.22

Still Requires
$ 488.04

Jharna Debnath
from Swarupganj, West Bengal

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


Funded
$ 227.22

Still Requires
$ 488.04

Dipali Singha
from Tungidighi, West Bengal

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


Funded
$ 227.22

Still Requires
$ 488.04

Sarifan Bibi
from Tungidighi, West Bengal

Purpose : To buy paddy and rice to grow her business

Sarifan, a 35-year-old woman from the village of Tungidighi 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 17,300, she is determined to improve her family’s financial stability. Sarifan 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, Sarifan has applied for a loan of IN...   Read more