The Women's Microfinance Initiative is continuing to expand its outreach to impoverished rural women in East Africa with loan, business skills training and support to get women started with income producing small enterprises. WMI's new video: Small Loan, Big Change gives the women in the loan program a chance to tell their story and thank all those donors around the world who have supported them. Take a few minutes to see how your wonderful support is helping WMI deliver a triple bottom line to combat povertyin sub-Saharan Africa:
1. The loan program gets capital into the hands of impoverished women so that they can start businesses and it provides them with the training that they need to help make those businesses a success.
2. It builds the human capacity of the women-focused, Community Based Organizations (CBO) that WMI partners with to operate the loan programs at the village level. These CBOs evolve into a resource for the entire community and can help families access the goods and services they want and need to improve their household living standards.
3. The WMI loan program is bringing about structural change in the way banks deal with poor, rural women.
In essence, WMI has engineered itself into the financial service value chain on the ground - networking village-level CBOs and local banks in a new configuration that had not been considered - and one that has resulted in benefits to its partners, its borrowers, and the greater community. It is a simple and flexible operating model that delivers a large and multi-faceted impact. Thank you so much for your ongoing generosity in supporting the WMI loan program.
Click here or past the link into your browser to view the newest video on WMI's You Tube page:
Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.