The Women's Microfinance Initiative (WMI) was recently organized by professional women in the greater Washington, D.C. area of the USA to launch a microfinance initiative to serve poor women in rural areas around the world.
The Women's Microfinance Initiative (WMI) was recently organized by professional women in the greater Washington, D.C. area of the USA to launch a microfinance initiative to serve poor women in rural areas around the world. WMI’s mission is to work with village-level organizations to provide working capital to women in the lowest income brackets so that they can engage in income producing activities. WMI’s goal is to help women build assets so they can stabilize their income, raise their standard of living and reorient themselves and their families.
BHPC members involved include Robyn Nietert, President; June Kyakobye, Special Adviser for Buyobo Project; Tana Stevenson, Intern for the Buyobo Project; and Bonnie Holcomb, Advisory Board Member.
To read more about the WMI, click here. To view a slide show on the initial loan program launch in Buyobo, Uganda, click here.