IndjaSTEP 5
With a loan of EUR 25,700 around 100 women are able to achieve an improved position by expanding their businesses.
€25,700
3.00%
24 xhur
6 xhur
EUR
Munita| Ammont | €25,700 |
| Imgħax | 3.00% |
| <Maturità></Maturità> | 24 xhur |
| Ħlasijiet lura | 6 xhur |
| Munita | EUR |
Il-proġett
Kolkata is the capital of West Bengal. Kolkata has many suburbs around the main city where everyone struggles to survive. Those areas are known mainly for their skills in weaving saris which is famous across India, weaving saris, knitting, pottery, fish farming etc.
The households consist of five members on an average. The women are typically engaged in the small businesses their husbands run which include small tea shops, grocery stores, bidi-making enterprises etc. The average household sees earnings not more than $88-$94 every month. Children go to school in nearby government schools for which they travel long distances. Due to financial constraints or the pressure of domestic chores, a lot of these students drop out. Regardless of all their problems, the community remains vibrant and has a strong sense of brotherhood.
With this loan around 100 women are able to achieve an improved position in the economy, by expanding their businesses.
The local partner, STEP along with the partnership with Milaap will provide the loan, which has to be repaid in 24 months.
| Isem il-kumpanija | Milaap |
| Kap Eżekuttiv | Abhijit Bera |
| Imwaqqfa | 2010-01-01 |
| Lokazzjoni | West Bengal |
| Settur | Servizzi finanzjarji |
| Fatturat | €5,293,733.64 |
| Impjegati | 52 |
Impatt
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.
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Diġà kkontribwejna għal STEP 5
Danny HonigRon van EijkJan de Wit