Login
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.
Bhuvaneshwari Palani
Purpose: To buy hand tools for business
Location: Nallampalli, Tamil nadu (IN)
Bhuvaneshwari is a tailor from Nallampalli in Tamil Nadu with two children. Her husband works as a labourer. With his income, the family manages to keep some savings each month. To supplement his income, Bhuvaneshwari would like to set up a small business making cushions and mats. For this, she needs a loan of Rs 50,000. With their increased savings will not only be able to repay the loan, but also set aside money for their children’s future. more
Or you can
This loan is fully funded!
Partner Details
Industree Crafts Foundation is a not-for-profit social business that connects artisans and agricultural workers with a niche urban market by providing an ecosystem congenial to become owners of their enterprises. ICF provides support in the realms of training, sourcing of raw materials, design of products and marketing and is certified by fair trade. It is well networked with over 5000 artisans and provides them access to urban markets through its retail arm.
Know more about Nallampalli, Tamil nadu
How can you create an impact?
Your loan of Rs 50,000 is going to help Bhuvaneshwari to set up her small business. This will bring in higher income for the family. With that, their children will be able to receive education in a good school. The family’s standard of living will also improve in the long run. For her peers, she will set a positive example for them to learn from.
Repayment Details
Tenure : 24 months
Period : Feb' 12 to Jan' 14
Monthly installments : Rs. 2083
