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Women's Microfinance Initiative

Women's Microfinance Initiative

Women's Microfinance Initiative

1 active Campaign
1 campaign

Uganda

www.wmionline.org

Mission

WMI was founded in November, 2007 by seven Washington DC area professional women to address women's economic disenfranchisement in rural East Africa. Two board members were working with a rural women's association in Sironko District, Uganda through a church project, and the village women asked for help to establish a loan program. WMI, unlike conventional aid initiatives, preserves its capital basis by providing loans rather than subsidies. WMI makes loans to impoverished women in developing nations who have no access to banks. Issuing affordable, collateral-free loans for as little as $50, WMI promotes women's economic empowerment to reduce global poverty. WMI's goal is to help poor women build assets to stabilize their income, improve their familiy's living standard, become advocates for their families/communities, and transition into independent banking and the formal economy. In its ten years of operation, WMI has created 13 geographical loan hubs in Uganda, Kenya, and Tanzania, issuing over 40,000 loans totaling $5 million to 14,000 women. 5,000 have graduated from WMI's two-year loan and training program.

Open Projects

1,000 Microloans for Rural Women in East Africa
Women's Microfinance Initiative

1,000 Microloans for Rural Women in East Africa

Women & Girls Empowerment
Humanitarian Assistance
Health & Physical Wellbeing
Education & Technology
Economic Empowerment
Uganda

This projects funds a self-sustaining micro finance initiative issuing collateral-free, interest-bearing loans, for as little as $50, to poor women in rural East Africa to assist them in starting businesses, building assets and gaining business skills so that they can generate income on a long-term basis, permanently improving their household living standards, and achieving financial independence for themselves and their families.

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Logo
Donors

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About Us

Blog

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Contact Us

admin@hasanah.org

HasanaH All rights reserved 2025
Privacy PolicyTerms and Conditions