The BOMA Project Overview

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Phone: 802 231 2542

PO Box 1865
7272 Main Street, Suite A
Manchester Center
Vermont 05255
USA
Website

TOP-RATED 2013

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Target demographics: Women living in extreme poverty in Northern Kenya. When we begin working with them, 99 percent of BOMA entrepreneurs live on less than $2.50 per day (the poverty line), while 88 percent live on less than $1.25 per day (the extreme poverty line).

Direct beneficiaries per year: 1,200 women (400 businesses per year, three women per business)

Geographic areas served: Laisamis, Loiyangalani, Marsabit and Samburu Districts of Northern Kenya.

Programs: Our cornerstone program, the Rural Entrepreneur Access Project (REAP), provides a seed capital grant, business skills and savings training, and two years of hands-on mentoring by local BOMA Village Mentors to business groups of three women. Once businesses are established and earning profits, we help them to assemble committed savings associations for business expansion and individual interest-bearing loans.

Mission:

The BOMA Project is an innovative microfinance organization that helps ultra-poor women in Northern Kenya to graduate from extreme poverty. We help women start small businesses, so they can earn a sustainable income, survive drought, pay for food and medical care, send their children to school, and accumulate savings for long-term family stability.

Results:

Since 2008, BOMA has launched 1,380 businesses across Northern Kenya, changing the lives of 4,668 women who support more than 23,400 children. Our goal is to lift 100,000 women and children out of extreme poverty within five years.

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Brownhardt

10/30/13

BOMA consistently strives to improve the execution of its mission and to expand its reach to those in need. BOMA focuses on providing the tools necessary to teach self sufficiency and to end the cycle of poverty in an underserved area of Kenya. Through its website and mailings, BOMA does an ... more »

kmcara

10/23/13

I am a Peace Corps Volunteer working with The BOMA Project. I joined the PC because I wanted to make a difference in someone's life. BOMA does exactly that--it changes these women's lives and the lives of their family. I am so lucky to be working with BOMA and a part of something larger than myself... more »

skelly2180

10/22/13

I worked for BOMA this summer, and the experience I gained there was amazing. I was interested in working there because I studied abroad in Kenya after my Freshman year and wanted to give back to the country I loved. The work that the BOMA Project does is not only great, but it actually works. ... more »

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