A Transparent Approach to Offer Financial Assistance to the Poor People

The Indian government is planning to regulate the functioning of

various microfinance companies.

The government introduced theMicro Financial Sector Development and Regulation Bill

in 2011

Aim to regulate the functioning of microfinance institutions

There are many organizations in India that have already

implemented an advanced micro-lending model

One of them is Milaap

Milaap enables everyday individuals become lenders and

extend financial assistance to the poor through it’s online platform.

Visit www.milaap.org

The needs of the people are published on the website along

with how they are going to use the loan amount.

Commercial and Social Purposes

Each person has his own reason to seek financial assistance.

We at Milaap create the easy and flexible repayment options to

encourage the underprivileged people to avail the financial assistance

We provide financial assistance for earning livelihood, increasing their current income level and get access

to basic privileges

See How did Mahalakshmi Ramprasadmake eligible herself to

construct a toilet at their home

She is a resident of Musiri, Tamilnadu,

earns her livelihood by working as a daily

labourer

The income of the couple allows them to save Rs 1,300 per month

So they have decided to avail a loan of Rs 10,000 to construct a toilet at

their home

On the Milaap online platform, the loan was fully funded by our

lenders

She can easily repay the loan over next eighteen months in easy and

affordable EMIs

On milaap.org a lender has options to donate online for a number of

different purposes.

including education and training, energy,

healthcare, sanitation,

water, enterprise development, and

sustainable farming

Improving the Standard of Living

When you finance the training, education or healthcare of the underprivileged people, their

income will also increase

At the same time, you can contribute towards the sanitation,

water and energy to provide a better and healthier environment

to the rural people

However, your contribution will be treated as a loan rather than

charity.

Milaap takes low cost capital, loaned by you, to the people who

need it the most

providing them with the means to a sustainable income and access to

necessities for a healthy and dignified life

You can signup on Milaap and start making a difference right away!

You can help us spread the word around by telling your friends to join Milaap!