Women's Microfinance Initiative

Started by women in the Washington, D.C. area, 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.

Olive Wolimbwa, WMI Manager,leads the borrowers in song

Olive Wolimbwa, WMI Manager,leads the borrowers in song
Photo from Progress Report 'Trip to Uganda - progress of borrowers' (view small | med | large | orig)

Kamida Wosukira, WMI borrower, caters lunch for a group meeting

Kamida Wosukira, WMI borrower, caters lunch for a group meeting
Photo from Progress Report 'Trip to Uganda - progress of borrowers' (view small | med | large | orig)

WMI Board Member, Trix Vandervossen, helps fill out loan forms

WMI Board Member, Trix Vandervossen, helps fill out loan forms
Photo from Progress Report 'Trip to Uganda - progress of borrowers' (view small | med | large | orig)

WMI borrowers making new lives for themselves

WMI borrowers making new lives for themselves
WMI borrowers attend weekly support group meetings where they discuss business problems and celebrate their successes. They use their profits to buy food, pay school fees and improve healthcare for their families. They gain self-confidence and become advocates for improvements in their commmunities. (view small | med | large | orig)

WMI borrowers receive business training

WMI borrowers receive business training
Training is an important part of the WMI loan program. All borrowers must attend business training sessions. They are issued notebooks, pens and calculators to keep track of income and expenses. (view small | med | large | orig)

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