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- Milaap abstract "Milaap is an online fund-raising platform that enables people around the world to fund and impact communities in need of basic facilities in India. Based in Bangalore, India, with its headquarters in Singapore, Milaap claims that it is the world's first online microlending platform that enabled non-Indians and non-resident Indians (NRIs) to make loans to India. Milaap's loans give people access to basic needs like clean drinking water, sanitation and renewable energy, as well as skills development via vocational training which leads to jobs with steady income.Microcredit, traditionally aimed at entrepreneurs, tends to have high interest rates because Microfinance institutions (MFIs) that fund these loans borrow from banks at high interest rates. Besides, loans for basic necessities like sanitation, drinking water and vocational training are not easily available as they need to be at low interest rates. By sourcing funds from individuals all over the world, Milaap has been able to eliminate the need for their partners MFIs to borrow from banks. Thus, the end-borrowers get to avail low-cost loans. Milaap and its field partners (NGOs and MFIs) facilitate and disburse the loans from online lenders to the borrowers. The loans are given out to borrowers at interest rates of 12-18% (50% lower than existing interest rates available to microcredit borrowers.) After the loan has been repaid, it will be returned to lenders as Milaap credits which they can either withdraw or re-lend to other borrowers. As of January 2012, working with four field partners, Milaap has raised USD $200,000 in loans and equity investment, from First Light Ventures, Unitus Seed Fund, and the Yunus Social Business Fund.".
- Milaap foundingYear "2010".
- Milaap industry Microfinance.
- Milaap keyPerson Entrepreneurship.
- Milaap location India.
- Milaap location Singapore.
- Milaap regionServed India.
- Milaap wikiPageExternalLink milaap-featured-on-young-turks-cnbc-tv18.
- Milaap wikiPageExternalLink A1Story20110908-298435.html.
- Milaap wikiPageExternalLink milaap-creates-opportunities-by-being-indias-first-global-lending-platform.
- Milaap wikiPageExternalLink guardianmfi.org.
- Milaap wikiPageExternalLink sakhiretail.com.
- Milaap wikiPageExternalLink startup.org.sg.
- Milaap wikiPageExternalLink index.aspx?page=article§id=10&contentid=2010111020101110052658541321e595.
- Milaap wikiPageExternalLink http://www.gfspl.in/#.
- Milaap wikiPageExternalLink Article1-730817.aspx.
- Milaap wikiPageExternalLink www.industree.org.in.
- Milaap wikiPageExternalLink gsvc.
- Milaap wikiPageExternalLink Winners.aspx.
- Milaap wikiPageExternalLink Microfinance-gets-lending-boos.html?atype=tp.
- Milaap wikiPageExternalLink www.milaap.org.
- Milaap wikiPageExternalLink anoj.
- Milaap wikiPageExternalLink mayukh.
- Milaap wikiPageExternalLink sourabh.
- Milaap wikiPageExternalLink view-all-projects.
- Milaap wikiPageExternalLink milaap-providing-vocational-training.
- Milaap wikiPageExternalLink iumap-the-milaap-experience.
- Milaap wikiPageExternalLink practicum.html.
- Milaap wikiPageExternalLink www.sskindia.com.
- Milaap wikiPageExternalLink article2591441.ece.
- Milaap wikiPageExternalLink www.unltdindia.org.
- Milaap wikiPageExternalLink enabling-rural-entrepreneurship-through-micro-loans-interview-with-anoj-viswanathan-co-founder-milaap.
- Milaap wikiPageExternalLink ideasinc.
- Milaap wikiPageID "32985671".
- Milaap wikiPageRevisionID "562659549".
- Milaap areaServed India.
- Milaap caption "Loan a little. Change a lot.".
- Milaap companyLogo "245".
- Milaap companyName "Milaap".
- Milaap foundation "2010".
- Milaap hasPhotoCollection Milaap.
- Milaap homepage www.milaap.org.
- Milaap industry Microfinance.
- Milaap keyPeople "Co-founders: Sourabh Sharma, Anoj Vishwanathan, Mayukh Choudhury".
- Milaap location India.
- Milaap location Singapore.
- Milaap origins Singapore,_India.
- Milaap type "Social Enterprise".
- Milaap subject Category:Microfinance_organizations.
- Milaap subject Category:Organisations_based_in_Singapore.
- Milaap subject Category:Organizations_established_in_2010.
- Milaap subject Category:Peer-to-peer_lending_companies.
- Milaap subject Category:Social_enterprise.
- Milaap subject Category:Social_entrepreneurship.
- Milaap type Abstraction100002137.
- Milaap type Company108058098.
- Milaap type Group100031264.
- Milaap type Institution108053576.
- Milaap type MicrofinanceOrganizations.
- Milaap type Organization108008335.
- Milaap type OrganizationsEstablishedIn2010.
- Milaap type SocialGroup107950920.
- Milaap type YagoLegalActor.
- Milaap type YagoLegalActorGeo.
- Milaap type YagoPermanentlyLocatedEntity.
- Milaap type Agent.
- Milaap type Company.
- Milaap type Organisation.
- Milaap type Organization.
- Milaap type Agent.
- Milaap type SocialPerson.
- Milaap type Thing.
- Milaap comment "Milaap is an online fund-raising platform that enables people around the world to fund and impact communities in need of basic facilities in India. Based in Bangalore, India, with its headquarters in Singapore, Milaap claims that it is the world's first online microlending platform that enabled non-Indians and non-resident Indians (NRIs) to make loans to India.".
- Milaap label "Milaap".
- Milaap sameAs m.0h534gx.
- Milaap sameAs Q6850363.
- Milaap sameAs Q6850363.
- Milaap sameAs Milaap.
- Milaap wasDerivedFrom Milaap?oldid=562659549.
- Milaap homepage www.milaap.org.
- Milaap isPrimaryTopicOf Milaap.
- Milaap name "Milaap".