Inter Aide, Mumbai
Economic Autonomy Through Micro-Business
The main goal of this project is to enable vulnerable families
to reach economic autonomy through a microcredit (productive
loans) & savings scheme as well as training and advisory
services.
Mumbai counts with a population of over 16
million inhabitants, of which 6.5 million live in slums. A
significant number of families wish to create or develop a small
income-generating activity but lack the necessary seed capital to
do so nor the competence and technical accompaniment to give their
small business the best chances to survive or grow.
In association with two well-established Mumbai-based charities
(Keshav Gore Smarak Trust and Nanvnirmaan) which has been working
for almost 50 years in Mumbai’s slums, Inter Aide aims at
developing the service for productive loans, savings scheme and
training & advisory services for the micro-entrepreneurs – and
having it further expanded over the period through additional
delivery branches in new slums.
The Foundation has pledged support to this project until
2013