Aamara Biswas-Women helping Women through Nano Finance
Aamara Biswas helps the poorest of the poor women in their emergency needs for food, healthcare, small trades, and their children's education through Nano Finance. The main objective of Nano Finance is to give small interest free loans (less than $12) for one year that will stop them from going to the money lenders for loans with interest rates of 120% or more.
The women learn to help other women through Nano Finance concept. The money they return is used to give loans to other women in similar situation. Aamara Biswas is not going to make the women rich but will help them in the time of desperate situation and not to be in the trap of the money lenders for their entire life.
It is hard for people to believe that how 500 rupees (less than 12 dollars) can bring security to a woman's life and lessen her burden in time of emergency. Aamara Biswas helps women (example in the picture, selling peanuts) by giving a loan of a few dollars which they use for small trades to earn their daily livelihood.