milaap.org overview

© 2010-2012 Milaap.org. All Rights Reserved. www.milaap.org Tel. +(65) 9247 8032 / +(65) 82339644 Your contribution is given out as a loan, rather than a donation, and thus the same amount of money helps multiple people. 100% of your contribution goes to the end beneﬁciary. And you get to know exactly who your money has helped. You can track every dollar given by you. SUSTAINABLE TRANSPARENT ACCOUNTABLE WHY MILAAP * Our borrowers pay a token interest of 8% on an average, with some paying as low as 5% p.a. This fee is mainly to cover a fraction of ours and our field partners' transaction costs. Milaap and its field-partners (organisations on the ground) disburse the loans to end borrowers. 100% of the funds reach the end borrowers who use it for the specific needs. The field partners collect the repayments in monthly instalments* and pass it on to Milaap. The repayments are then credited to your online account at Milaap.org You can chose withdraw the accumulated repayment or to re-lend and help another person thereby continuing the virtuous cycle. Lenders like you browse the profiles of the borrowers and lend through Milaap.org. BORROWER $100 YOU $100 1 5 4 3 2 Loan A Little. Change A Lot. Income generating and employment loans to fund: Milaap: Changing the face of doing good Asset-based loans to fund for: Access and distribution of clean drinking water Toilets and hygiene awareness through training Clean, sustainable energy in the form of solar lights and smokeless stoves. Working capital for artisans with an empha- sis on lending to women entrepreneurs. Vocational training and skill development for unemployed youngsters. Milaap.org is an online platform that enables anyone around the world to help India’s working poor through microloans. Milaap empowers them by using a simple idea: the poor are hardwork- ing and credit-worthy, and with the right resources, they can use credit to work their way out of pov- erty. This has been demonstrated by our partners’ and our track record. $$

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An overview of Milaap.org and its impact to date.

TRANSCRIPT

Your contribution is given out as a loan, rather than a donation, and thus the same amount of money helps multiple people.

100% of your contribution goes to the end beneficiary. And you get to know exactly who your money has helped.

You can track every dollar given by you.

SUSTAINABLE

TRANSPARENT

ACCOUNTABLE

WHY MILAAP

* Our borrowers pay a token interest of 8% on an average, with some paying as low as 5% p.a. This fee is mainly to cover a fraction of ours and our field partners' transaction costs.

Milaap and its field-partners (organisations on the ground) disburse the loans to end borrowers.

100% of the funds reach the end borrowers who use it for

the specific needs.

The field partners collect therepayments in monthly instalments*and pass it on to Milaap. The repay-

ments are then credited to your online account at Milaap.org

You can chose withdraw theaccumulated repayment or tore-lend and help another person thereby continuing the virtuous cycle.

Lenders like you browse the profiles of the borrowers andlend through Milaap.org.

BORROWER

$100YOU

$100

5 4

Loan A Little. Change A Lot.

Income generating and employment loans to fund:

Milaap: Changing the face of doing good

Asset-based loans to fund for:

Access and distribution of clean drinking water

Toilets and hygiene awareness through training

Clean, sustainable energy in the form of solar lights and smokeless stoves.

Working capital for artisans with an empha-sis on lending to women entrepreneurs.

Vocational training and skill development for unemployed youngsters.

Milaap.org is an online platform that enables anyone around the world to help India’s working poor through microloans. Milaap empowers them by using a simple idea: the poor are hardwork-ing and credit-worthy, and with the right resources, they can use credit to work their way out of pov-erty. This has been demonstrated by our partners’ and our track record.