WOMENS MICROFINANCE INITIATIVE CORPORATION
May 24, 2010
WMI was founded to assist Ugandan women by providing microloans to help them start or expand businesses. With initial loans, we have seen that businesswomen focus on improving their businesses, standards of living, and educational oportunities for their children. But once the ladies have training in bookkeeping and business operations, and have improved things for their families, we see the women turn their attention to improving the community. WMI has connected the businesswomen with other women, and connected them with resources to improve the life of the community. WMI is flexible and responsive to the local women, and equips them to make decisions that will affect the quality of their lives and grow the local economy. It's a great model, and a great use of resources -- both dollars and the human capital that is built.
I've personally experienced the results of this organization in...
developing tools to collect baseline data on the women, their businesses, and their households, and longitudinal data on how their lives change after they receive a loan -- it's amazing!
What I've enjoyed the most about my experience with this nonprofit is...
. . . seeeing what a difference a small loan can make.
How frequently have you been involved with the organization?
About every month
When was your last experience with this nonprofit?
Board Member & I am a board member and I am responsible for data collection and analysis on the borrowers, and other odd jobs.