The BOMA Project

Rating: 4.94 stars   36 reviews

Issues: Food, International, Economic Development, Microfinance

Location: PO Box 1865 7272 Main Street, Suite A Manchester Center VT 05255 USA

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.
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.
2014 Top-Rated Nonprofit
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EIN 84-1671995
802 231 2542
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Community Reviews

Role: Professional with expertise in this field
Rating: 5 stars  

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. The micro-financing techniques that they use to start businesses from the ground-up for communities is exceptional, successful and sustainable. The work that they were able to do was very encouraging, and I am very happy to work with such an exceptional group of people. Thanks, BOMA!

How does this organization compare with others in the same sector?

Very Well

How much of an impact do you think this organization has?

Life-changing

Will you recommend this organization to others?

Definitely

When was your last experience with this nonprofit?

2013

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Role: Professional with expertise in this field
Rating: 5 stars  

As Foundation Trustees, my husband and I have visited the Boma Project sites in Northern Kenya. We have found Boma to be one of the most effective initiatives we have witnessed in our travels as Funders. The Boma approach to uplifting women and children is a community based, realistic and accountable model. You can be assured that every donation is carefully expended to benefit those who are most in need.

How does this organization compare with others in the same sector?

Very Well

How much of an impact do you think this organization has?

Life-changing

Will you recommend this organization to others?

Definitely

When was your last experience with this nonprofit?

2013

Was this review helpful? 
Role: Professional with expertise in this field
Rating: 4 stars  

I am a native of the BOMA project's areas of intervention and I'm fortunate in that on several ocassions, I have been able to personally interact with employees and beneficiaries of the BOMA Project in the course of implementing their activities. I must say that BOMA's business set-up model in upper-eastern Kenya is continuing to have a stong and lasting impact in the lives of the pastoralist and semi-pastoralist comminuties they target. There are many success stories where families' living standards have been improved as a result of the BOMA project's intervention thereby enabling them afford not only basic needs as food and clothing, but also medical and educational needs for their families. With increased financial resources available to the BOMA Project, I am confident that the lives of more and more pastoralist communities of upper-eastern Kenya will continue to be transformed.

How does this organization compare with others in the same sector?

Very Well

How much of an impact do you think this organization has?

Life-changing

Will you recommend this organization to others?

Definitely

When was your last experience with this nonprofit?

2012

Was this review helpful?