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
Företag
Indien
Land

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

VD
Senthil Kumar
Grundat
2007-01-01
Plats
Tamil Nadu
Sektor
Finansiella tjänster
Omsättning
€520,416.88
Anställda
63
€36,200upphöjd
Fullt finansierat på 5 dagarpå 12 April 2017
78investerare
Investeringar från lokala partner
€36,200
Finansieringsmål
3.0
%
Intresse
24
månader
Löptid
6
månader
Återbetalningar
A
B
C
D
E
Kreditvärdighet

Påverkan

3
Skapade jobb
12
Liv som förbättrats

Milaap är den största crowdfunding plattformen i Indien, som möjliggör berättelser om hopp, mod och förändring. De tillhandahåller kredittjänster till fattiga och utslagna för att hjälpa dem att arbeta sig ur fattigdom.

Milaap De samarbetar med en rad kreditvärdiga fältpartners som har en stark social mission. De beviljar lån för energiprojekt, vattentillgång, leverantörskedjor för hantverkare och mycket mer, främst på landsbygden. Många av deras projekt stärker kvinnliga entreprenörer, främst genom att tillhandahålla rörelsekapital till kvinnor med väverier, småbutiker eller hantverk.

SDGpåverkade

Med detta projekt bidrar du till de globala målen för hållbar utveckling. Läs mer om den påverkan du kan göra genom vår plattform och SDGs på vår sida om påverkan.

SDG Goals