No. 549, 26th Main,
14th cross, JP Nagar phase 1
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.
This statistic will be a reality by 2030 if we continue at our given rate of education & training
60% of Indian children do not complete their secondary education for want of resources. Among tribal children, the drop-out rate rises to a staggering 80%
Almost 95% of the youth in developed countries formally learn a trade, a skill, or a competence. In India this figure is less than 1%
An increased presence of skilled and educated youth in rural India, results in stimulating the development of villages, further, triggering the return of previously migrated youth because of new opportunities and the availability of jobs.
Training and education reduce dependency on agricultural income. The younger generations are empowered and manage to procure alternative jobs to tap into more sustainable sources of income generation. Thus, alleviating poverty and filling emerging India's talent void.
The youth with enhanced skills and alternative sources of income tend to invest and save more to improve their standard of living and create security for the future. This enhanced lifestyle and higher purchasing capacity qualifies them as consumers, thus, opening new markets and expediting the expansion of urban markets to rural and semi-urban areas.