Crowdfunding small loans for India | Milaap
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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.

Funded
$ 1,401.82

Still Requires
$ 22,409.01

Gohilkokilaben And Group
from Kapadvanj, Gujarat

Purpose : To purchase a sewing machine to expand business

Gohilkokilaben is a 45-year-old married woman residing in Kheda district, Gujarat. She is engaged in the tailoring business. She stitches clothes such as kurtis, salwar suits, and other garments. She has a household of three members and a household monthly income of INR 30,500. She wants to purchase a new sewing machine and a kit of needles, thread rolls, buttons, etc to expand her tailoring business. She has applied for a group loan of INR 20,00,000 from Saath Mahila, one of Milaap's field partners. She leads a group of thirty-nine w...   Read more


Funded
$ 778.58

Still Requires
$ 28,984.64

Ruth Kasar And Group
from Ukhrul, Manipur

Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses

Ruth, a 60-year-old married woman from the Ukhrul district of Manipur, lives with her family of five and earns a monthly household income of INR 21,000. She leads a group of 63 committed members who work diligently to support their families and save for a better future. Understanding that increased income and financial control are key to economic empowerment, Ruth and her friends strive to become self-sufficient and create wealth. Their collective efforts will not only benefit Ruth and her family but also uplift the entire communit...   Read more


Funded
$ 546.28

Still Requires
$ 23,264.56

Wortam Kchui And Group
from Ukhrul, Manipur

Purpose : To start and expand their business in piggery, weaving, poultry, fishery and farming businesses

Wortam, a 43-year-old married woman from Ukhrul district in Manipur, lives with her family of four and manages a modest household income of INR 20,000 per month. She leads a group of 50 determined women who work tirelessly to support their families while saving diligently for a better future. Believing that financial independence brings true empowerment, Wortam and her group aspire to become self-reliant and build sustainable livelihoods. Their efforts are aimed not just at improving their own lives, but also at uplifting their fam...   Read more


Funded
$ 130.94

Still Requires
$ 17,726.19

Joshidevangiben And Group
from Wadhwan, Gujarat

Purpose : Help Joshidevangiben Build a Safe and Hygienic Toilet

Joshidevangiben, a 19-year-old homemaker from Wadhwan, Surendranagar, Gujarat, lives with her husband and young daughter. The family earns INR 35,000 a month, but their toilet is in poor condition, with broken floors, damp walls, and a weak roof that worsens during heavy rains. Clogging and leakage make it unsafe and unhygienic for daily use. Leading a group of 28 women facing similar challenges, she wants to construct proper toilets with septic tanks and drainage systems. Since their savings are not enough, Joshidevangiben has app...   Read more


Funded
$ 296.41

Still Requires
$ 1,251.20

Shyamali Khan And Group
from Gobardanga, West Bengal

Purpose : To purchase additional timber and better-quality wood logs

Shyamali is a 50-year-old Married woman residing in the North 24 Parganas district, West Bengal, with a family of four. Shyamali is engaged in the wood business and has a monthly household income of INR 22,000. She wants to purchase more quantity of timbers, logs of wood etc to sell in the local market and to expand her business. She has applied for a group loan of INR 130,000 from WeGrow, one of Milaap's field partners. She leads a group of three women. All of them are engaged in income-generating activities and need a loan to expand...   Read more