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
Selskap
India
Land

Prosjektet

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
Grunnlagt
2007-01-01
Beliggenhet
Tamil Nadu
Sektor
Finansielle tjenester
Omsetning
€520,416.88
Ansatte
63
€36,200hevet
Fullt finansiert på 5 dager på 12 April 2017.
78investorer
Invester i mikrofinans
€36,200
mål
3.0
%
Interesse
24
måneder
Modenhet
6
måneder
Tilbakebetalinger
A
B
C
D
E
Kredittpoeng

Påvirkning

3
Skapte arbeidsplasser
12
Forbedrede liv

Milaap er den største crowdfunding -plattformen i India, og muliggjør historier om håp, mot og forandring. De tilbyr kredittjenester til fattige og ekskluderte for å hjelpe dem til å arbeide seg ut av fattigdom.

Milaap De samarbeider med en rekke kredittverdige feltpartnere som har et sterkt sosialt engasjement. De gir lån til energiprosjekter, vanntilgang, leverandørkjeder for håndverkere og mer, hovedsakelig i landlige områder. Mange av prosjektene deres styrker kvinnelige entreprenører, og gir hovedsakelig arbeidskapital til kvinner som driver med veving, små butikker eller kunsthåndverk.

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