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 expand a paddy and rice business
Dipti, a 22-year-old married woman, lives in a small village called Bindol in the North Dinajpur district of West Bengal. She wishes to support her husband in expanding their paddy and rice business. Her husband buys paddy directly from the fields, processes it, packs it, and sells it in the local market. With a household of five members, the family earns around INR 25,000 per month and manages to save about INR 17,900. To further improve their income, Dipti is seeking a loan of INR 60,000 through Grameen Shakti, a field partner of... Read more
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 purchase a sewing machine to expand business
Gohilkokilaben is a 45-year-old married woman residing in Kheda district, Gujarat. 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 30,500. 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 20,00,000 from Saath Mahila, one of Milaap's field partners. She leads a group of thirty-nine w... Read more
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
Purpose : To purchase paddy, rice to expand paddy business.
Gitarani lives in a small village called Bindol in the North Dinajpur district of West Bengal. She wishes to support her husband in expanding their paddy and rice business. Her husband buys paddy directly from the fields, processes it, packs it, and sells it in the local market. With a household of four members, the family earns around INR 25,000 per month and manages to save about INR 18,800. To further improve their income, Gitarani is seeking a loan of INR 60,000 through Grameen Shakti, a field partner of Milaap. With your su... Read more
Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses
Wortam, a 43-year-old married woman from Ukhrul district in Manipur, lives with her family of four and manages a modest household income of INR 20,000 per month. She leads a group of 50 determined women who work tirelessly to support their families while saving diligently for a better future. Believing that financial independence brings true empowerment, Wortam and her group aspire to become self-reliant and build sustainable livelihoods. Their efforts are aimed not just at improving their own lives, but also at uplifting their fam... Read more
Purpose : To purchase paddy to expand her paddy business
Sunita, a 41-year-old woman from Tungidighi village 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 20,000, 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, Sunita has applied for a loan of INR 60,000 from Grameen Sh... Read more
Purpose : To expand decorative items rental business by purchasing additional equipment
Sonamani, a 24-year-old married woman from North Dinajpur district, West Bengal, supports her family of five with a modest monthly income of INR 25,000. She and her family run a business renting out decorative items such as tables, chairs, bamboo, generators, and ropes for festivals and other occasions. However, their current earnings and limited savings make it difficult to expand the business. To overcome this challenge, Sonamani, has applied for a loan of INR 60,000 from Grameen Shakti, a field partner of Milaap. With this loan,... Read more
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
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