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
Milaap
Tvrtka
Indija
Zemlja

Projekt

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

Izvršni direktor
Senthil Kumar
Osnovan
2007-01-01
Lokacija
Tamil Nadu
Sektor
Financijske usluge
Promet
€520,416.88
Zaposlenici
63
€36,200prikupljeno
Potpuno financirano u 5 danana 12 April 2017.
78investitori
Uložite u mikrofinanciranje
€36,200
cilj
3.0
%
Kamata
24
mjeseci
Dospiće
6
mjeseci
Otplata
A
B
C
D
E
Kreditni rejting

Utjecaj

3
Stvorena radna mjesta
12
Poboljšani životi

Milaap is the largest crowdfunding platform in India, enabling stories of hope, courage, and change. They provide credit services to the poor and excluded to help them to work themselves out of poverty.

Milaap partners with a range of credit-worthy field partners who hold a strong social mission. They grant loans for energy projects, water access, artisan supply chains, and more, mostly in rural areas. Many of their projects empower women entrepreneurs, mainly providing working capital to women with a weaving enterprise, small shops, or handicrafts.

 

SDG’s impacted

With this project you are contributing to the Sustainable Development Goals. Read more about the impact you can make through our platform and the SDGs on our impact page.
 

SDG Goals