My experience of lending for the
first time with Milaap – a crowd funding microfinance institution – was simply
fabulous. The ease of the process, the smoothness of the website, and the
stories of the borrowers everything just works well to be of the utmost
convenience to the lender. You start off with registering yourself with Milaap
through your facebook, Google+ or email id and instantly start lending. Once
logged in you can straight away start lending by going through thousands of
borrower profiles in order to choose the most appropriate person you want to
lend your money to. If you feel particularly passionate about one issue or
gender than that is also taken care off as you can filter borrowers on the
basis of causes, urgency of funds required, gender and state.
In order to make my first lending
at Milaap I chose an old veteran of handicrafts-making industry named Tejiben
Bhyandarbhai Parmar. A mother of three children she was separated from her
husband early in her marriage and left to look after three children on her own.
She decided to work and joined a government organization of the arts working
for twenty years with them. Today she is with Gramshree, an amazing
organization that works for woman empowerment allowing them to be economically empowered
and a catalyst for social change. Thereby, positively impacting their families
and the community they live in.
