Help Bhakti Mirchandani raise 32,000 INR

This Diwali, help light up the lives of others. Lend a little, help others get access to light!

Raised INR 31,999
INR 32,000
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  • Recent Angels

  • Sayantan


    USD 34.61  Received
  • Bhakti


    USD 250  Received
  • Bhakti


    USD 200  Received
  • Sourabh


    INR 500  Received

    Getting you started!

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My motivation:

My life would have been completely different if I did not have safe lighting to use to work and study. Increasing the productive capacity of children and more broadly everyone with safe energy is critical.

About my borrower: 


Asura Sarder and Group  A group from Magrahat in West Bengal, needs a loan to purchase solar lanterns for lighting. 20 of them are women- Asura, Rupali, Fatema, Manjuyara and 16 other members. All of them are married and live with their families that include children. Their children have to study by kerosene light almost every night because of frequent powercuts. Kerosene is not only costly, but it is also unhealthy and can harm the families’ health over time. In order to change this, they are looking to purchase solar lanterns for lighting that would avoid the fumes and the fire risk of kerosene lamps. They are also much brighter, and give opportunities for study, income-generating work and recreation after dark. They are requesting a loan of Rs. 32000 to purchase a solar home system. They will repay it on time with their monthly income in installments.

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What is Milaap all about?


 

Milaap is a social enterprise that enables people around the world to give loans to the working poor in India. Based in Bangalore, Milaap is the world's first and currently, the only online micro lending platform that enables non-Indians and non-resident Indians (NRIs) to make loans to the poor in India. Milaap's loans are aimed towards providing people with access to basic essentials like clean drinking water, sanitation, renewable energy, vocational training and enterprise development.

A few things that you may want to know about the money that you lend in:

This is a loan, not a donation.

  • 100% of your money goes to the end borrower
  • You will know exactly whom your money goes to and get regular updates on your repayments.
  • Within 18 months, you will get 100% of your money back.

 

To know more about Milaap and how it works, click here

 
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Lending to the working poor through Milaap involves risk of principal loss. Milaap does not guarantee repayment nor do we offer a financial return on your loan