Help Pradyot raise 400 USD

Let's make this New Year a truly joyful one for communities in rural India by providing them access to smokeless stoves.

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What is unthinkable for us, is the only option for many.

 

 Cooking Solutions    burning firewood   

Hi, my name is Pradyot. As we start this New Year, let's make a difference in the lives of those who are off the grid in rural regions of India. Thanks to Milaap.org you and I have the opportunity to impact communities in rural Karnataka by contributing to microloans for clean air smokeless cookstoves. 

 

Did you know that over 65% of the households in Orissa use toxic kerosene lamps for their lighting needs? These noxious fumes are injurious to health. For many of us thinking about cooking with firewood is unacceptable, for many living in villages it is a way of life.

I am happy that I came across Milaap, where they work with partners who provide renewable sources  of energy to such communities.  I always wanted to do something for the society and want to contribute for a noble cause. Milaap allows us to do just that.

Here are a few resons why I love Milaap:

1. They DON'T take donations. Instead, they loan your interest-free contributions to  build water connections and community water plants.

2. You also know the exact recipients of your contributions and their stories.

3. At the end of the term, you are given back 100% of your money and you can choose another person in need to relend the money to.

With the amount raised on this fundraiser, families will be given affordable loans to buy smokeless cookstoves, replacing firewood stoves. This will eliminate the exposure of noxious fumes and result in healthier standard of living! 


Milaap believes in giving people a hand up - which is why, the contributions are given out as loans, rather than one-time donations. This means that 100% of your contributions come back to you in twelve months. Once the money comes back to you, you can choose to fund the same amount to another borrower, thereby multiplying your impact.

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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 anyone in the world 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 who your money goes to and get regular updates on your repayments.

  • Within 24 months, you will get 100% of your money back.

 

To know more about Milaap and how it works, read some FAQs: http://www.milaap.org/how-it-works-methodology

 

 
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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