Bring Social Changes with a Simple Mouse Click
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Bring Social Changes with a Simple Mouse Click
How You Can Help the Development for the Poor?
Handing over cash for charitable purposes
Writing checks for charitable causes
Sweeping your credit card to make online donation
Transferring funds directly from your bank account
Limitation of Traditional Methods of Collecting Donation
Most of the organizations run multiple welfare projects
No options to choose the cause you want to finance
No tracking mechanisms to monitor how the funds are being utilized
A web based lending platform to help the poor and rural people.
Latest technology enables lenders to extend monetary support within a
few minutes.
Make online loans by clearly understanding the identity and needs of the
borrower.
Distinct Features of the Online Lending Platform
Contribution is treated as an interest-free loan rather
than donation
Select and extend financial support to a particular
lender
Options to help a person by understanding his needs
Withdraw or recycle the recovered loan amount
How Your Online Donations will be Utilized?
Education and training
Access to clean water, renewable energy, sanitation and healthcare services
Promote enterprise development
Sustainable farming to provide consistent income source
3 Steps Online Lending Process
Choose the borrower
Extend your online financial support
Get repaid 100% principal loan amount
How to Choose the Borrower?
Launch Milaap.org
Go to the “View All Projects”
Choose from a comprehensive list of borrowers
Narrow your search based on specific conditions
How to Extend the Loan?
Enter the loan amount and click on the “Give a Loan” button,
or click on the “Complete the Loan” button.
Enter your login credentials to make payment. Or, join Milaap
and create your profile.
Select the payment mode: debit card, credit card, or internet
banking.
Transfer funds
How to Get Repaid the Loan Amount?
MIlaap will collect loan
installments from borrowers
The recovered loan amount will
be credited to your online
account
You can send a message to
credit the funds to your bank
account
Why Online Micro Loans are better than Online Donations?
A person does not get any interest on
both online donation and online
micro loans.
But Milaap treats your contribution
purely as an interest-free loan.
After expiry of the repayment
period, you can get back the loan
principal amount in full.
Encourage Others to Join MIlaap
Read the statement of existing lenders before
taking any decision.
Promote MIlaap to raise more funds for the
developmental projects
Recommend the online platform to your
friends, family and coworkers.
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