FFABB™ PROJECTS

RESEARCH & DEVELOPMENT

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Find out more about Amcariza and the people behind it.

See photos we took of the people we met and their stories.

Ask or tell us what you think?

Explore some of the ideas Amcariza is working on.  

© Amcariza Foundation 2013.   All rights reserved including photos shown.  Email hello@amcarizafoundation.org

Amcariza is a charity recognised by Her Majesty Revenue & Customs in UK.   Charities Commission only register charities once income donation exceeds £5,000.  

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"SEEDS OF GOOD"

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Open A Bank Account

£30.00

Millions of men and women in developing nations are illiterate.  Therefore fInancial illiteracy is a given.  Small amounts of cash are often horded  in their house or given into safekeeping to a relative.  Amcariza's founder Yasmin was recently distressed to come across a woman who had lost her savings in this manner. When asked whether she has ever thought about opening a bank account, the reply was "but I am too poor and illierate.  I feel intimidated to open a bank account. After all, isn't that for rich people?"

Yasmin explained that bank accounts could help empower an individual and their family becasue with correct financial planning and the 80:20 rule (where you spend 80 and save 20) -  money would be there for a rainy day. And even if the person were to die or fall ill, there is a safe means to collect the money.  

Amcariza FFABB Bank Account project will cost as follows:

Total - £30
Fixer fee (to process the bank forms and translate)
Initial savings
Transport costs
Completion of bank account
Photographs of the account holder (often intimidating for women).

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