WMI borrowers pay off their first loans

The first WMI borrowers received their loans in Jan. 2008. The loans were for a 6 month period and all of the borrowers made their payments on time. They paid off their loans in July 2008 and WMI staff were on hand to celebrate and present them with a graduation present - new tote bags.

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1,000 Microloans for Rural Women in East Africa

Uganda Microfinance

Self-sustaining micro finance initiative issuing collateral-free, interest-bearing loans, for as little as $50, to poor women in rural East Africa to start businesses to support their families. The borrowers' priorities for the use of their profits are: better nutrition, healthcare and paying school fees for their children. WMI provides outreach in all of these areas by empowering women with options to provide better care for their families.

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