Microloans Create Opportunities for Indian Women

 
$11,823
$3,177
Raised
Remaining

Summary

Opportunity India provides 100% of its loans to women, who are most in need of financial services. Opportunity is seeking partners to create growing opportunities for women in India.

What is the issue, problem, or challenge?

Up to 87% of the poorest households in India do not have access to credit, and up to 380 million people are in need of microfinance services, especially women. Unfortunately, women do not have access to many business and educational opportunities that men do, but you and Opportunity are changing that. Through microloans, women in India are able to start businesses and develop economic security.

How will this project solve this problem?

Microloans create opportunities for women to flourish. With a small loan of only $159, a woman can buy a cow to sell milk, or purchase material to sew and sell saris, which helps provide for her family's needs and unveil her limitless potential.

Potential Long Term Impact

Through Trust Groups and microloans, women learn new skills creating economic development and sustainability, a network of support, and financial independence for the first time in their lives.

Project Message

"Today, the Pudhiya Padhai Trust Group earns on average $8 per day, compared to their previous income of $2.50 per day before they joined Opportunity. They have also saved $800 as a group."
- Lydia Baldridge Meier, Opportunity's Campaign Manager

Funding Information

Total Funding Received to Date: $11,823
Remaining Goal to be Funded: $3,177
Total Funding Goal: $15,000

Resources

Donate by US Mobile Phone

Text GIVE 6658 to 80088 to donate $10 to Microloans Create Opportunities for Indian Women. Message and data rates may apply. Only works for US mobile phones.
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Organization

Project Leader

Emily Engel

Oak Brook, Illinois United States

Where is this project located?

Map of Microloans Create Opportunities for Indian Women