Panel session: innovative models for green financing. Sharma

Transcription

Panel session: innovative models for green financing. Sharma
Loan A Little.
Change A Lot.
Milaap.org is a funding platform for
deserving students, entrepreneurs and
low income families.
A small loan goes a long way and
comes back to you.
Empowering people to create lasting change
Milaap is a mission driven company changing the way
people fund and impact communities in need.
Started in June 2010 | Raised over US$1M | Impacting over 30,000 lives
Empowering people - creating lasting change
Focused on end utilization (basic needs)
Goes out as a loan
100% of the money reaches the borrower
Creates Long term impact
End utilization / Areas of impact
Training
Water
Sanitation
Education
Energy
Enterprise
Development
End utilization / Areas of impact
WATER & SANITATION
Provide piped water connections, construct toilets & promote hygiene
awareness to households in rural and peri-urban areas.
End utilization / Areas of impact
ENTERPRISE DEVELOPMENT
Provide working capital & skills training to help people run their own
enterprises and become self-reliant.
End utilization / Areas of impact
TRAINING & EDUCATION
Provide training to youth in diverse fields such as IT, retail, accounting,
paramedics, BPO, hospitality, etc. Fund schools to upgrade their infrastructure
& facilities.
End utilization / Areas of impact
ENERGY
Install solar lights & smokeless stoves to remove the use of kerosene lamps to
study and firewood to cook.
How Milaap works
Milaap and its field-partners (organisations
on the ground) disburse the loans to end
borrowers.
Lenders like you browse the
profiles of the borrowers and
lend through Milaap.org.
You can chose to withdraw the
accumulated repayment or to
re-lend and help another person thereby
continuing the virtuous cycle.
100% of the funds reach the
end borrowers who use it for
the specific needs.
The field partners collect the
repayments in monthly installments
which are then credited to your online
account on Milaap.org
The Milaap Experience
Receive monthly repayments
In summary
RAISED OVER
$1,000,000
7,000
LOANS GIVEN
30,000
100%
LIVES CHANGED
REPAYMENT RATE
INSPIRED COMMUNITY OF LENDERS
Prachi and Kaushal said no to gifts at their
wedding - instead, they asked friends and family to
give for the cause of Vocational Training.
Not only did Gundeep Kaur run a mindboggling
42.195 kilometres, she did it in 6 hours, 36
minutes and raised a cool $1200 USD for the
cause of Education.
Mahesh turned 24, and he made his birthday all
the more special raising (Euros) 2400 for 18
artisans on Milaap.
They call themselves The Bake Collective and do
what they love the most – they baked up a storm
and raised Rs. 70,000 for entrepreneurs on Milaap.
INSPIRED COMMUNITY OF LENDERS
Prachi and Kaushal said no to gifts at their
wedding - instead, they asked friends and family to
give for the cause of Vocational Training.
Not only did Gundeep Kaur run a mindboggling
42.195 kilometres, she did it in 6 hours, 36
minutes and raised a cool $1200 USD for the
cause of Education.
Mahesh turned 24, and he made his birthday all
the more special raising (Euros) 2400 for 18
artisans on Milaap.
They call themselves The Bake Collective and do
what they love the most – they baked up a storm
and raised Rs. 70,000 for entrepreneurs on Milaap.
INSPIRED COMMUNITY OF LENDERS
Prachi and Kaushal said no to gifts at their
wedding - instead, they asked friends and family to
give for the cause of Vocational Training.
Not only did Gundeep Kaur run a mindboggling
42.195 kilometres, she did it in 6 hours, 36
minutes and raised a cool $1200 USD for the
cause of Education.
Mahesh turned 24, and he made his birthday all
the more special raising (Euros) 2400 for 18
artisans on Milaap.
They call themselves The Bake Collective and do
what they love the most – they baked up a storm
and raised Rs. 70,000 for entrepreneurs on Milaap.
INSPIRED COMMUNITY OF LENDERS
Prachi and Kaushal said no to gifts at their
wedding - instead, they asked friends and family to
give for the cause of Vocational Training.
Not only did Gundeep Kaur run a mindboggling
42.195 kilometres, she did it in 6 hours, 36
minutes and raised a cool $1200 USD for the
cause of Education.
Mahesh turned 24, and he made his birthday all
the more special raising (Euros) 2400 for 18
artisans on Milaap.
They call themselves The Bake Collective and do
what they love the most – they baked up a storm
and raised Rs. 70,000 for entrepreneurs on Milaap.
INSPIRED COMMUNITY OF LENDERS
Prachi and Kaushal said no to gifts at their
wedding - instead, they asked friends and family to
give for the cause of Vocational Training.
Not only did Gundeep Kaur run a mindboggling
42.195 kilometres, she did it in 6 hours, 36
minutes and raised a cool $1200 USD for the
cause of Education.
Mahesh turned 24, and he made his birthday all
the more special raising (Euros) 2400 for 18
artisans on Milaap.
They call themselves The Bake Collective and do
what they love the most – they baked up a storm
and raised Rs. 70,000 for entrepreneurs on Milaap.
Impact created*
*as of 15th August 2013
300
2,132
youth trained and placed
children with better
school facilities
500
1,500
water
connections
lighting systems &
smokeless cookstoves
1,200
2,000
toilets
built
entrepreneurs
funded
Partners & Supporters
Milaap – Portfolio Analysis
No of months on Milaap (as on Sep'13)
Guardian
~100K USD
ICF
DCBS
GMF
Safehands
WSDS
MASS
Varthana
Maa Tarini
Mahasakthi
Milaap outstanding as a % of total outstanding
Skill Dev
milaap.org/diwali
milaap.org/diwali
Sourabh Sharma
THANK YOU
sourabhs@milaap.org
(+65) 9247 8032
milaap.org
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milaap.org/blog
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