Help Anand raise 35,000 INR

Be the change you want to see this Independence Day!

This Independence Day, I want to stop talking and start acting. Help me make a difference!

Raised INR 10,500
INR 35,000
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I am a tech geek, blogger, father and cheerleader for awesome nonprofits, and I love the work that Milaap does and the valuable support it provides to entrepreneurs in need. I hope to do my bit to help Subramani and his family!

I think that money has most value when it's in circulation. In the hands of the right people it can do amazing things. Looking forward to great things coming out of this experience both for my donors as well as for Subramani and his venture!

 

About Subramani

36 year old Subramani is a tailor, and a member of Vandana self-help group. He lives in Agara, Bangalore, with his family of 4, and earns Rs. 3,500 a month. He needs a loan of Rs 35,000 on behalf of his self help group so that they can buy more machines and scale up production. By doing this, his income will increase as well and he will be able to repay the loan in 18 months.

 

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 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