18M€
Wallet
104 028
Number of beneficiaries
99,9%
Women beneficiaries
94,7%
Rural beneficiaries
India
Financial services
Funding granted
Loan of €1.5M*
(local currency equivalent)
Partner of the Foundation
since December 2023
*Outstanding at grant value
Context :
India is the world's fourth-largest agricultural producer. The primary sector employs approximately 47,130 million workers and accounts for nearly 18,000 million of GDP. The population is still rural, accounting for over 70,000. However, extreme weather events in recent years have been a major factor in the decline in farmers' incomes.
THE INSTITUTION:
Mitrata is a Tier 2 microfinance institution that provides credit facilities to marginalized, excluded and vulnerable groups for business development and other essential needs.
Impact :
Mitrata's mission is to provide rural women with accessible, transparent and adapted financial and non-financial services to enable them to become economically empowered..