1. EMPOWERING WOMEN THROUGH NANO FINANCE ANNUAL FUND-RAISING DINNER East Lansing, Michigan September 27, Joyasree (Ranu) Mahanti OUR BISWAS (US) AAMARA BISWAS (India)

2. What is Nano Finance? Nano Finance is NOT Micro Finance.
Individual small interest-free loans ($10 to $20) only to women.
Loan payback period is one year with option of paying in installments.
Women coordinators with minimum education but a good understanding of the local living conditions, manage simple loan transactions.
Minimum paper work and short waiting period to get loans; only condition - no prior outstanding loan with Aamara Biswas.
No middle person is involved in loan transactions.
Loans are made respecting human dignity and repayments are made without any forceful action.
The system thrives on TRUST!
What is Nano Finance?

3. Finance and Activities
Our Biswas
$23,500
For
Aamara Biswas
Account in Axis Bank in Odisha
Nano Finance
$6,210
65 Villages
Training & Production
Center
$3,280
Rent
Salaries
Fabrics
Marketing
Sanitary Napkin Unit
$9,275
Salaries for 6 months
$1,885
9 Coordinators
Other Expenses
$740
Printing books
Accountant
Travel/Food
Miscellaneous
Workshop $1,660

4. Recirculation of Initial Investments
Year
From - To
Village /
District
Amount Invested
Loan Disbursed
Ratio Disbursed
Amount Collected
Number of Clients
2007 to 2015
Sambalpur urban area
10,615
47,425
4.46
39,723
5538
2008 to 2015
Noliasahi Jagatsingpur
4,098
8,683
2.11
5,568
952
2009 to 2015
Khamara Anugul
3,770
9,695
2.57
5,376
721
2010 to 2015
Balikuda Jagatsingpur
13,078
39,971
3.05
25,616
2770
Kiakata Anugul
3,665
6,655
1.81
3,270
950
2012 to 2015
Purusottampur Cuttack
2,852
4,516
1.58
1,885
200
2013 to 2015
Slum areas Sonepur
2,300
4,650
2.02
2,925
155

5. Extend the availability of Nano Finance to different areas of the state of Odisha and other areas of India
Drinking Water Filters
Workshop for the women of Aamara Biswas in January 2016
Expand the training/production centers so that more women can be served
Sustainability of the low cost sanitary napkin project
Explore the idea of implementing Nano Finance concept in other parts of the world
Current Projects

6. Thank you!
From the Women of Aamara Biswas