Micro-lending Platform Milaap Observes Independence Day Through 'Adopt an Entrepreneur' Initiative
Entrepreneurship is key to the socioeconomic development of communities. As India celebrates it's independence day on August 15th, micro-lending platform Milaap has launched an unique initiative to support entrepreneurs in rural and impoverished areas.
Each day, leading up to India’s Independence Day, you can adopt any one of the entrepreneurs on the campaign page. When you do, you are taking on the challenge to get him/her fully funded by August 15th. Milaap will set up a fundraiser page for you where you can direct them so that they can make a loan. Once your entrepreneur is fully funded, Milaap will sponsor your trip to come and see him/her in action for a day or more.
Their goal is to provide loans of Rs 35,000 ($625) each to 30 entrepreneurs.