Micro Finance Empowerment in Africa
Empowering women across East Africa to improve their lives with business training, support groups and small business loans through village loan programs.
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.
Focusing its current efforts in rural Uganda, Tanzania 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.