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
3015200865
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Community Reviews

Rating: 5 stars  

(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 their active board. Their overhead is quite small. But most relevant: they are doing important work!

I've personally experienced the results of this organization in...

This organization's work has nothing to do with me personally: it helps finance small business initiatives in Uganda.

If I had to make changes to this organization, I would...

Expand its public relations to increase awareness and get more money for the organization.

 
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Rating: 5 stars  

Amazingly successful at empowering women in the most fundamental of ways-- how to start and grow businesses so they can be financially independent. A true grass roots endeavor, that has had profound impact on individual women, their families and their villages.

I've personally experienced the results of this organization in...

by the way it has expanded my world view.

If I had to make changes to this organization, I would...

No changes, just keep growing!

 
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Rating: 5 stars  

11 people found this review helpful

There are so many positive attributes to this initiative, it's difficult to know where to begin. All the donations go directly into the loans. There are no U.S. staff salaries. Robyn Nietert, founder and president, devotes fulltime to the program and guides the work of other volunteers and interns. She travels to East Africa to assess progress and inspire local participants. The program has made a difference in the lives of a growing number of women and their families in East Africa and is a model that should be replicated in many other areas.

I've personally experienced the results of this organization in...

watching the volunteer base grow and donor community support increase.

How frequently have you been involved with the organization?

About every six months

When was your last experience with this nonprofit?

2010-5-01

 
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Rating: 5 stars  

2 people found this review helpful

I feel so good making a contribution to WMI because I am 100% confident that the money I give will go directly into the hands of the women who need it--and not for overhead or administrative costs. WMI works because it is a women to women program that helps from the bottom up, and tangibly has impacted the lives of not only the women to whom it's made loans, but to their families, their communities and their country. I'm honored to be able to help such a positive program change the lives of others for the better--not just in word, but in deed.

I've personally experienced the results of this organization in...

seeing the proof in the businesses the loanees have started and sustained, and in the fact that 100% of the women who received loans have paid them back.

How frequently have you been involved with the organization?

About every six months

When was your last experience with this nonprofit?

2010-1-01

 
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