contact us
address:
#25, NSRCEL,
IIM-Bangalore
Bannerghatta Road, Bangalore, India - 560 076
e-mail: feedback AT milaap DOT org
phone: +91 8880340333
Milaap enables you to lend to India's working poor so they can get access to education, clean water, safe lighting and more.
A small loan goes a long way. And comes back to you.
Industree Crafts Foundation (ICF) - Karnataka, India
Industree Crafts Foundation is a fair-trade certified, social enterprise that connects artisans and agricultural workers with the urban market. ICF has a network of over 5000 artisans across 8 states in India, to whom it provides end-to-end integration: from manpower training, raw material sourcing, product design and development, to marketing at fair trade prices through 'Mother Earth', its chain of retail stores.
Industree's unique model of ownership enables rural labourers to become self sustaining entrepreneurs who run their own production unit as Self Help Groups of 10 to 12 individuals at 58% revenue share, which is the highest in this space. Through insistence on the use of natural and agricultural products ICF also builds eco-consciousness and promotes eco-friendly and sustainable consumption.
"Milaap has increased access to key credit for our artisans. We have jointly designed loan programmes for a span of 24 months at 12% monthly interest to meet the investment and working capital needs of the artisans. "
- Mr. Neju George Abraham, Senior Project Manager, Industree Crafts Foundation
Some new loans in ICF
Key Statistics
- Type of Company - Not For Profit
- No. of Artisans/Entrepreneurs - 5000
- Total turnover sales - INR 37.8m
- Revenue share of artisan - 58%
- Increase in median monthly income per producer - 27%
- Milaap Enabled Interest Rate - 12%


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