The BOMA Project Overview
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7272 Main Street, Suite A
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.