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Women’s Microfinance Initiative

Empowers poor, rural African women to improve their lives through small-business loans. Works through community-based partners. Provides business and bookkeeping training, support groups—ensuring success.

The Women’s Microfinance Initiative (WMI) helps African women build assets so that they can stabilize their income, raise their standard of living, and reorient themselves and their families. Our small loans bring big changes to impoverished women, who use the money to begin or expand small businesses. Borrowers use their loan money to grow and sell their produce, open small shops and beauty salons, and grow coffee.

Namono Lakeri, a widow and mother of five in Uganda, is one of our success stories. Namono received a WMI loan for about US$125 (300,000 shillings) to expand her second-hand clothing business. With the extra income her business now generates, she is able to send all of her children to school. Namono even has enough money left over to enjoy little luxuries, like milk for tea, which were beyond her reach before.

WMI issued its first microloans in January 2008. As of April 2011, we have issued more than 2,500 loans to women in more than 150 villages with a 100 percent repayment rate.

Focusing its current efforts in rural Uganda and Kenya, the WMI loan program is run entirely by local village women. As an end-goal, it seeks to transition experienced borrowers into independent banking in their country’s formal economy.

Contact Information

Women's Microfinance Initiative
P.O. Box 485
Cabin John, MD 20818
USA
T: (301) 520-0865
F: (301) 469-9056
E: wmicontact@gmail.com
www.wmionline.org

Financial Information

Women's Microfinance Initiative is classified as a 501(c)(3) organization. Click below to view our most recent independent audit and IRS Form 990.


Banner Photo: Women celebrate at a graduation ceremony in Buyobo, Uganda, after successfully repaying their loans for two years.
Photo: WMI loans have improved quality of life in Buyobo. Borrowers can now afford more efficient means of transportation.

Donate Now to Women's Microfinance Initiative

Donate

Your donation will help women in Uganda and Kenya start businesses and build better lives for their children. Just $100 funds a loan to launch a woman-owned business that can support an entire household. Join with us to give women the opportunity to lift themselves and their families out of poverty!

Volunteer Opportunities

Women’s Microfinance Initiative offers internships in both Uganda and Bethesda, MD. Interns must be flexible and willing to work on a variety of projects, including working with village women and children and managing financial records.

Volunteer

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To donate to this member charity by check, please print our designation form and mail it with your check to

Aid for Africa
P.O. Box 8734
Topeka, KS 66608

Other Ways to Give

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