Bring Social Changes with a Simple Mouse Click
Shared by: milaap
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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