About Us
Women's Microfinance Initiative (WMI) is a non-profit organization founded by a network of professional women in the Washington, D.C. area. WMI makes loans available to impoverished women who have no access to banking services. Issuing affordable, collateral-free loans for as little as $50, WMI promotes women's economic participation and carries the hope of prosperity to poor, rural areas of Uganda. Microfinance helps the poor grow tiny businesses to generate income that they can use for basic needs, education, healthcare, and savings. WMI distributes loans through village-level organizations and works with these partners to develop social outreach networks. WMI is a transparent, home-grown, non-profit organization dedicated to non-exploitive lending practices. It has no debt and minimal overhead costs: all U.S.-based board members, interns, and staff work on a volunteer basis |