Bharathi Development 4

With EUR 22,200 some 62 women are able to purchase seeds and irrigation systems, making them less dependent on the rain.

funding gap emerging markets

Projektet

The performance of agricultural sectors in Tamil Nadu has been impressive since various improved crop varieties were introduced. The district of Thiruvarur is situated at the tail end of the Cauvery Delta and it is also a coastal district.   Here, most of the crop production is only from paddy and in comparison, and the income from agriculture is low in comparison with other occupations.  The average monthly income of such families is less than $60. The situation 10 years ago was such that the laborers here were opposed to engaging machinery for farm works but nowadays due to a scarcity of labor, they themselves insist on using them.  Also, there is a scarcity of women labor when it comes to planting works and weeding. Although investments are increasing manifold in sectors such as infrastructure, similar investments are not forthcoming in agriculture and allied sectors, leading to distress in the community of farmers, especially that of the small and marginal segment.  Hence, Bharathi has been helping out such farmers and the families in Thiruvarur by providing them with agricultural loans. Through this project, these agrarian communities of Thiruvarur will benefit socioeconomically.

 

The loan amount will not only help 62 women purchase seeds, manure and other necessary tools for farming but also reduce dependence on monsoon by helping them invest in other ways of irrigation

Milaap

ADMINISTRERENDE DIREKTØR
Nagarajan Bharathi
Grundlagt
1984-01-01
Beliggenhed
Tamil Nadu
Sektor
Finansielle tjenester
Omsætning
€2,650,592.68
Medarbejdere
43
€22,200hævet
Fuldt finansieret på 2 dage på 16 September 2017.
63investorer
Invester i mikrofinansiering
€22,200
mål
3.5
%
Interesse
24
måneder
Modenhed
6
måneder
Tilbagebetalinger
A
B
C
D
E
Kreditvurdering

Påvirkning

10
Skabte jobs
40
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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