Women's Microfinance Initiative

WMI believes that increasing financial inclusion and teaching financial literacy empowers poor women to take control of their livelihoods and their lives. WMI's mission is to establish village-level loan hubs, administered by and for local women, to provide capital, training and support services to rural women in the lowest income brackets in East Africa so that they can engage in income producing activities and use their business profits to improve household living conditions for themselves and their families. Issuing affordable, collateral-free loans for as little as $50, WMI promotes women's economic participation and carries the hope of prosperity to poor, rural areas of Uganda, Kenya and Tanzania. Microfinance helps the poor grow tiny businesses to generate income that they can use for basic needs, education, healthcare, and savings. After two years in the WMI village-level loan program, women can transition to bank loans or their businesses can become self-financing. They achieve financial autonomy and join their country's formal economy. WMI is a transparent, home-grown, non-profit organization dedicated to non-exploitive lending practices. It has no debt and minimal overhead costs: all U.S.-based board members, interns, and staff work on a volunteer basis. Please consider donating here: https://wmionline.org/donate.php