Guardian 4

With EUR 36,200 Guardian will be able to provide more loans to women from which they build toilets for their families.

funding gap emerging markets

Projektet

Rural Tiruchirappalli in Tamil Nadu is an area where people have very little to no access to private toilets, forcing them to resort to open defecation. As a result, they face a higher risk of exposure to infection, snake-bites and sexual assault, particularly in the case of women and children. Furthermore, the situation is aggravated for residents with ailments such as Arthritis. 

Guardian is an organization that has been working in this region to spread awareness and provide financial support for rural families to build toilets at home. It is India's first and only microfinance institution with an exclusive focus on water and sanitation. Empowered by this drive, hundreds of mothers have come forward, sought these sanitation loans, and built toilets for their families.

These women have been able to repay their loan from the savings on medical bills that would have piled on if it was not for these safe sanitation facilities. They now enjoy better health, productivity, and a good amount of savings. Despite these measures, there are scores of underprivileged women, children, and families in rural Tiruchirappalli for whom a simple act of relieving themselves is fraught with the risks arising from open defecation. They are looking for a similar chance to fix their own sanitation crisis and uplift their living conditions.

Milaap, through its partnership with Guardian, is going to facilitate loans to these women and their families to help them gain access to safe and hygienic sanitation and improve their general quality of life. Local partner Milaap provides a loan to Guardian which must be repaid within 24 months.

Milaap

ADMINISTRERENDE DIREKTØR
Senthil Kumar
Grundlagt
2007-01-01
Beliggenhed
Tamil Nadu
Sektor
Finansielle tjenester
Omsætning
€520,416.88
Medarbejdere
63
€36,200hævet
Fuldt finansieret på 5 dage på 12 April 2017.
78investorer
Invester i mikrofinansiering
€36,200
mål
3.0
%
Interesse
24
måneder
Modenhed
6
måneder
Tilbagebetalinger
A
B
C
D
E
Kreditvurdering

Påvirkning

3
Skabte jobs
12
Forbedrede liv

Milaap er den største crowdfunding platform i Indien, der muliggør historier om håb, mod og forandring. De leverer kreditydelser til de fattige og udstødte for at hjælpe dem med at arbejde sig ud af fattigdom.

Milaap De samarbejder med en række kreditværdige partnere i marken, som har en stærk social mission. De yder lån til energiprojekter, adgang til vand, forsyningskæder for håndværkere og meget mere, for det meste i landområder. Mange af deres projekter styrker kvindelige iværksættere og giver primært arbejdskapital til kvinder med en vævevirksomhed, små butikker eller kunsthåndværk.

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