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NANO  LOANS

Nano - Interest Free - Loans

In 2021 VAMOS! partnered with Our Biswas, a nonprofit who specializes in small interest free loans for women.  Together we offer poor women a way to borrow up to $2000 pesos (about $100 US) and pay it back in small sums every month.  When women make their payments, the money is loaned to another woman.  This program has been incredibly successful!  By 2024 Our Biswas has loaned more than $100,000 to VAMOS! women.  The women utilize the money for a variety of uses including starting their own small businesses, making repairs to their homes, purchasing medicine or school supplies or paying back a terrible high-interest payday loan.   

VAMOS! makes small interest free loans to poor women in Mexico
VAMOS! makes small interest free loans to poor women in Mexico
VAMOS! makes small interest free loans to poor women in Mexico
VAMOS! makes small interest free loans to poor women in Mexico

THE VAMOS! IMPACT

Financial Empowerment: By providing women with access to interest-free loans, VAMOS! empowers them to take control of their finances and pursue economic independence. Women can use the loans to invest in income-generating activities such as starting or expanding a small business, which can lead to increased income and improved financial stability for themselves and their families.

Poverty Alleviation: The loans provided by VAMOS! enable women to address immediate financial needs, such as home repairs, medical expenses, or paying off high-interest payday loans. By providing relief from financial burdens, VAMOS! helps alleviate poverty and improve the overall well-being of women and their families.

Breaking the Cycle of Debt: High-interest payday loans and other forms of predatory lending can trap individuals in a cycle of debt. By offering interest-free loans, VAMOS! provides women with a responsible and sustainable alternative to high-interest borrowing, allowing them to escape the cycle of debt and build a stronger financial future.

Entrepreneurship and Economic Development: Access to capital is essential for entrepreneurship and economic development. By providing women with small loans, VAMOS! encourages entrepreneurship and innovation, helping women start or expand small businesses that create jobs, stimulate economic growth, and contribute to the development of their communities.

Health and Well-being: Women often bear the responsibility for managing household expenses and healthcare costs. VAMOS! loans can be used to pay for essential needs such as medicines, healthcare services, and home repairs, improving the health and well-being of women and their families.

Empowerment and Confidence: Access to credit can empower women to make financial decisions and pursue their goals with confidence. By offering interest-free loans, VAMOS! sends a message of support and empowerment to women, encouraging them to invest in themselves and their futures

FROM PRE-SCHOOL THROUGH SECONDARY SCHOOL, VAMOS! AVERAGES 1,000 STUDENTS IN OUR CLASSES EACH WEEK!

YOU CAN CHANGE A LIFE!

$25 A MONTH CAN MAKE A REAL IMPACT IN A POOR FAMILY'S LIFE. 

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