Womens Microfinance Initiative Corporation

Rating: 5 stars   18 reviews

Issues: Philanthropy

Location: 8609 Fenway Dr Bethesda MD 20817 USA

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.
Target demographics: Impoverished women in East Africa
Direct beneficiaries per year: 500
Geographic areas served: East Africa
Programs: Loan program, Training in bookkeeping and financial planning, After-school tutoring, Children's Library
2010 Top-Rated Nonprofit
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EIN 26-1384627
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