WOMENS MICROFINANCE INITIATIVE CORPORATION
TOP-RATED 2010
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Target demographics: Impoverished women in East Africa
Direct beneficiaries per year: 500
Someone who had 3 hours of volunteer time could: make contacts for WMI to present information about the loan program and its mission.
Geographic areas served: East Africa
Mission:
WMI’s mission is to work with village-level organizations to provide loans to poor women in East Africa so that they can engage in sustainable income generation, build savings and accumulate assets. Its goals are to help women stabilize their income, raise their household standard of living, secure better opportunities for their children and trigger regional growth.
Results:
WMI has established a $175,000 revolving loan fund and issued over 1,200 loans to impoverished women living in over 60 rural villages in Kenya and Uganda.
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mexx
03/22/11
It is a wonderful program for the women in Uganda giving them some freedom from the male dominance. Also, it has been a great opportunity for my daughter to thing through the needs and wants of a society that lives in the poverty level. It has given her an appreciation that not everyone has what ...
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aewing
03/22/11
I am a volunteer for WMI and help organize the book drives that are helping create a lending library in a small village in Uganda and other villages in that region. Having two children of my own and seeing the impact reading can have on the growth and development of children has spurred me on to ...
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jagjag
03/16/11
(Volunteer and donor) Women's Microfinance Initiative has, in very few years, taken a successful plan and expanded it carefully and wisely. There is great enthusiasm among the volunteers and workers. They have done a great job collecting knowledgeable people (from a broad spectrum of professions) on...
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