“As more cash and assets get into the hands of women, more of these earnings get into the mouths, medicine, and schoolbooks of their children, while at the same time increasing women’s bargaining position and power in the family and community…and their ability to act against violence in the home and in the world. There is no development strategy more beneficial to society as a whole – women and men alike – than the one which involves women as central players.”
Kofi Annan
Former Secretary-General of the United Nations
Aamara Biswas
India
Nano Finance “Funding with Trust ” is a unique funding system which provides financial assistance to women who are in extreme poverty and need help for their emergency and basic needs. Once these women reach a level of financial security, they are encouraged to give back to the system to help other women in need. Through this system of trust, funds are recirculated many times throughout the community, helping more women to eventually gain financial security. Thus, the concept of Funding with Trust is for the women, to the women, and by the women.”
Clover Foundation
Uganda
Clover’s mission is to provide vulnerable children in the urban neighborhoods of Kampala, Uganda with early childhood education, support their health and well being, and empower them to reach their full potential. In April 2016, Our Biswas introduced the Nano Finance concept for the first time outside of Odisha, India. The project was started to help the Clover mothers by giving small interest free financial assistance through the Nano Finance project.
Community Development Finance
California, USA
The NF program in US was started on August 4, 2020 in collaboration with Community Development Finance (CDF), a California based unique (perhaps only one in the country) nonprofit organization. Daniel M. Leibsohn is the founder of CDF.
VAMOS
Mexico
Nano Finance in Mexico in collaboration with VAMOS OB is taking it’s signature project, Nano Finance to Cuernavaca city, Mexico by collaborating with Vermont Associates for Mexican Opportunity and Support, Inc. (VAMOS) in September, 2021. Mr. Sean Dougherty is the director of the organization.
Work of Mercy Initiative (WOMI)
Nigeria
Nano Finance in Nigeria in collaboration with Work of Mercy Initiative (WOMI) OB started the NF project in the slum communities of Abuja, Nigeria in December 2021. WOMI serves and empowers the poor women and their families of Abuja. Ms Eberechukwu Chinazom Ugwunweze (Eber) is the founder of the organisation.
Grazia Nano Initiative of Our Biswas (GNIB)
Grazia Nano Initiative of Our Biswas (GNIB)
Uganda
Nano Finance in Uganda in collaboration with Grazia Nano Initiative of Our Biswas (GNIB) $6,800 Ruth Mbabazi, the founder of GNIB says: Our Biswas loans: Supporting women to strengthen the future of families. When women receive Our Biswas loans, they enter our ecosystem of support.
Matt Talbot Kitchen & Outreach (MTKO)
Lincoln, Nebraska, USA
Matt Talbot Kitchen & Outreach (MTKO), Lincoln, Nebraska Nano Finance Project ($10,000) MTKO’s vision is to defeat hunger and homelessness. This is challenging for OB to start the NF project in MTKO center. The clients take loans for phone bills, car registration, electric bills, security deposit, gas bills, job application fees, and living expenses. They return the loan slowly when they can. One of the program participants was so thankful for the help that she paid $90 extra to help someone else out. and told “So very kind of them!” from the project coordinator, Leanne Pelser,
Mision de Caridad
Mexico
We lunched the NF project in San Luis Rio Colorado, a border town in Sonora, Mexico in collaboration with Mision de Caridad, US based organization on May 10, 2024. Jean Sicurella is the founder of the organization. The project coordinator, Ange Garcia, says; “All of them have been very punctual with their payments and planning to keep this benefit for a very long time.”
