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Womens Microfinance Initiative Corporation

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Nonprofit Overview

Causes: Philanthropy, Philanthropy, Voluntarism & Grantmaking Foundations

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

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