Sex Workers in Mumbai can Now ‘Bank’ on a New Bank to Safeguard Savings

by Medindia Content Team on  December 8, 2007 at 4:53 PM General Health News   - G J E 4
Sex Workers in Mumbai can Now ‘Bank’ on a New Bank to Safeguard Savings
Mumbai's infamous red light area, ruled by brothel owners, pimps and of course sex workers, now boasts of a co-operative bank, which can help sex workers keep their money safe.

This is a welcome development for many of the sex workers who are unable to open bank accounts in other regular banks due to the non-availability of residence certificates and birth certificates. The bank, named as Sangini Women's Co-operative bank is a brain child of a few sex workers and is located in Kamathipura in the red light area of Mumbai.

For the 22,000 sex workers in Kamathipura, it's a dream come true. The savings in the bank will help them educate their children and build homes to live, instead of a life of bondage. Many of the sex workers have started fixed savings schemes at the bank as a fall back plan for rainy days.

The Sangini Co-operative Bank was instituted with the assistance of the Population Services International (PSI), an NGO based in Washington. The bank is presently operating in three rooms and has even opened a grocery store for sex workers offering items at a concessional rate.

The sex workers can also avail loan facilities from the bank to meet emergency expenses.  The Kamathipura development is indeed a good example of measures taken for the upliftment of sex workers, who are driven to the profession due to abject poverty, or illegal trafficking.

Other states in India could take a leaf out of the Kamathipura initiative and assist the estimated 2 million sex workers in India to lead a life of dignity. 

Source: Medindia

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions
I was very happy to learn that some great soul on the earth has understood the problem of these neglected and exploited lot. I am senior retired bank officer having worked the entire service for the cause of rural development. i shall be very much oblidged if i can be any help to the cgreat cause of humnity.
vishnu9478 Tuesday, July 27, 2010