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 piglets in order to expand animal husbandry business
Worchuila, a 45-year-old married woman from a small village in Ukhrul district, Manipur, supports her family through an animal husbandry business. She raises pigs and sells them at the local market once they reach maturity. With a family of five and a monthly household income of around INR 23,000, meeting her family's needs can be challenging. With strong local demand for pork, Worchuila plans to purchase additional piglets and expand her livestock. Increasing the number of pigs she raises will help her grow her business and improv... Read more
Purpose : To purchase piglets in order to expand animal husbandry business
Chuimiwon, a 51-year-old married woman from a small village in Ukhrul district, Manipur, supports her family through an animal husbandry business. She raises pigs and sells them at the local market once they reach maturity. With a family of four and a monthly household income of around INR 24,000, meeting her family's needs can be challenging. With strong local demand for pork, Chuimiwon plans to purchase additional piglets and expand her livestock. Increasing the number of pigs she raises will help her grow her business and improv... 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 additional inventory to expand her clothing business
Thakormadhuben, a 44-year-old married woman from Ahmedabad, Gujarat, runs a small clothing business to support her family of five. She sells ready-made garments, including ladies’ dress materials, sarees, blouses, and other women’s apparel in her local community. Her business contributes to a monthly household income of approximately INR 31,000. Although she works hard to support her family, her current income is not enough to ensure long-term financial stability. To increase her earnings, Thakormadhuben plans to expand her busines... Read more
Purpose : To purchase additional inventory to expand her clothing business
Thakoraartiben, a 28-year-old married woman from Ahmedabad, Gujarat, runs a small clothing business to support her family of three. She sells ready-made garments, including ladies’ dress materials, sarees, blouses, and other women’s apparel in her local community. Her business contributes to a monthly household income of approximately INR 31,500. Although she works hard to support her family, her current income is not enough to ensure long-term financial stability. To increase her earnings, Thakoraartiben plans to expand her busine... Read more