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 agricultural equipment and expand farming activities
Philachon, a 50-year-old married woman from Ukhrul district in Manipur, lives with her family of three. Her household earns approximately INR 22,000 per month. She leads a group of 38 women who work hard to support their families and save regularly for a more secure future. Philachon believes that increasing their income and gaining greater financial independence will help her group become self-reliant and improve their families’ well-being. However, limited financial resources have prevented her from pursuing her dream of starting... Read more
Purpose : To expand her clothing business
Thakorvijyaben is a 43-year-old married woman from Ahmedabad, Gujarat, who runs a small clothing business to support her family of six. She sells ready-made garments, including ladies’ dress materials, sarees, blouses, and other women’s apparel in her local community. Through her hard work, she contributes to a monthly household income of approximately INR 35,000. Despite her consistent efforts, the current income is not sufficient to ensure long-term financial stability for her family. To enhance her earnings, Thakorvijyaben plans... Read more
Purpose : To purchase paddy, rice, etc in order to expand cereals business.
Aaisha is a 27-year-old married woman from Katihar district, Bihar, who lives with her family of four. With a modest monthly household income of INR 17,500, she leads a group of three hardworking women who are committed to supporting their families and improving their livelihoods. To increase their income and strengthen their financial independence, Aaisha and her group members plan to expand their cereals business. However, limited financial resources have made it difficult for them to grow their business. As the group leader, Aai... Read more
Purpose : To invest in essential inputs for expanding their agriculture
Sima, a 21-year-old married woman from Cooch Behar, West Bengal, lives with her family of three. Her husband cultivates paddy, mustard, jute, and vegetables on their farmland, earning a modest income by selling the produce in local markets. However, their current income is not sufficient to ensure long-term financial stability for the family. To improve their livelihood, Sima and her husband plan to expand into large-scale cultivation of these crops. To support this goal, Sima and her friends are seeking a group loan of INR 190,000... Read more
Purpose : To grow the paddy business by increasing inventory.
Dhulon, a 40-year-old married woman from North Dinajpur district, West Bengal, supports her family through her husband’s paddy-selling business, their sole source of income. Her husband buys paddy from local farmers and sells it in the market. His dedication to quality and experience has earned him a solid reputation and satisfied customers. To expand their business, Dhulon and her village friends have applied for a group loan of INR 150,000 from Grameen Shakti, a field partner of Milaap. She plans to use her share of the loan to i... Read more
Purpose : To grow the paddy business by increasing inventory.
Manjura, a 56-year-old married woman from North Dinajpur district, West Bengal, supports her family through her husband’s paddy-selling business, their sole source of income. Her husband buys paddy from local farmers and sells it in the market. His dedication to quality and experience has earned him a solid reputation and satisfied customers. To expand their business, Manjura and her village friends have applied for a group loan of INR 150,000 from Grameen Shakti, a field partner of Milaap. She plans to use her share of the loan to... Read more
Purpose : To expand her handloom saree business
Jhuma is a 30-year-old married woman from Nadia district, West Bengal, who lives with her family of four. She is engaged in the handloom saree business, which is an important source of income for her household. She sells handwoven sarees to customers in her local community. To expand her business and meet growing customer demand, Jhuma has joined hands with her friends from the village and applied for a group loan of INR 165,000 from Grameen Shakti, a field partner of Milaap. She plans to use the loan to purchase additional sarees ... Read more
Purpose : To expand her grocery business by purchasing more grocery items
Shanmuni is a 45-year-old married woman residing in Dinajpur district, West Bengal. She runs a small grocery store where she sells essential items such as sugar, rice, pulses, tea, salt, wheat, cooking oil, and other household products. She lives in a household of four, including school-going children, and her family has a monthly income of approximately INR 18,000. To expand her business and meet the growing demand in her local market, Shanmuni plans to purchase larger quantities of sugar, rice, tea, and other essential grocery it... Read more
Purpose : To expand paddy business by increasing stock of paddy
Shami is a 40-year-old married woman from Katihar district, Bihar, who lives with her husband and two children. Her husband runs a paddy trading business, purchasing paddy from local farmers and selling it in the local market. The business is the family’s primary source of income. To help expand the business, Shami has joined hands with her friends from the village and applied for a group loan of INR 170,000 from Grameen Shakti, a field partner of Milaap. She will use her share of the loan to purchase additional paddy and increase ... Read more
Purpose : To expand her clothing business.
Mira is a 50-year-old married woman from Purba Bardhaman, West Bengal. She operates a clothing business to support her family, selling a variety of readymade clothes including sarees, blouses, dresses, churidars, kurtis, leggings, and handkerchiefs. Her household consists of four members with a monthly income of INR 20,000. To increase her household income and expand her clothing business, Mira has applied for a loan of INR 335,000 from Grameen Shakti, one of Milaap's field partners. She plans to use the funds to purchase more dres... Read more