Project Needs and Beneficiaries
WMI is tackling global poverty and the disenfranchisement of illiterate, impoverished women. Launched in 2008 in rural Buyobo, Uganda, WMI has provided nearly 700 microloans to chronically poor women, many supporting AIDS orphans. Borrowers start tiny businesses and use their profits to pay for school fees, food and healthcare. Communities benefit as borrowers hire helpers and advocate for local improvements. WMI will extend its credit program to more women in adjacent villages.
Activities
WMI will pre-screen, qualify, train and issue loans of $50 - $150 to 400 impoverished women to start new businesses. WMI will organize weekly borrower meetings, conduct periodic site visits, and provide ongoing business training and counseling.
