This Independence Day, I want to stop talking and start acting. Help me make a difference!
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INR 0 Pledged
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INR 5,000 Received
I, Abhinav, am a student right now. My future plans are to become a businessman basically focusing on those fields which help the people below the poverty line.
My motivation for running this fundraiser is to help Renuka and her family lead a better life!
Renuka Talwar is a 48-year-old woman from Gadag, Karnataka. She works as a weaver with the Bhuvaneshwari self help group of Industree Crafts. To expand and scale up the group, she needs a loan of Rs. 35000. With this loan they will be able to buy more raw-material and increase production, and ultimately, Renuka's income will improve!
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