This winter, WMI President Robyn Nietert traveled to our primary loan hub in Buyobo, Uganda, and to several other loan hubs. She attended graduation ceremonies, in which WMI borrowers who have been in the program for two years celebrate their transition to formal banking with PostBank Uganda.
At the graduation ceremonies, community members testified to WMI's impact on the community beyond the lives of the borrowers. At the primary school in Buyobo, where many of the borrowers' children are educated and which WMI has been working to improve, students had their highest test scores ever in 2012. Some of the children of our borrowers wrote very sweet letters thanking WMI for our assistance to their parents and communities. A new healthcare clinic has relocated closer to Buyobo, and borrowers report taking advantage of its services.
Because of these and many other successes, WMI has been expanding. We added four new loan hubs in 2012 and will add two more in April 2013. In addition, some existing loan hubs have taken on sub-hubs: smaller organizations that report to the larger loan hub. This expansion allows us to increase our impact throughout East Africa and to help more women become independent, self-reliant and empowered.
WMI was one of several GlobalGiving projects featured in a promotion by the Hewlett Foundation to honor the Foundation's board chair who was stepping down after years of service, culminating in a very general donation of over $8,700 to our micro-finance project. It was a very special surprise and the Board has designated the grant towards funding the three new hubs we are launching in April. A very big and very heartfelt thank you to HP for its wonderful support!
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