WIL Microfinance

The Visible Impact of Women Empowering Women Globally

  Village Banks Improve Women’s Lives

Since 2008, WIL has funded 19 village banks in Guatemala, Mexico, Nicaragua, South Africa, Ghana, Haiti, Tanzania, The Philippines, Dominican Republic, Kenya, Zimbabwe, India, Uganda, Afghanistan, Ecuador and Sierra Leone. We add more banks every year!

$157 Can Change an Entire Family’s Life!

Sandra del Carmen Jaime Romero lives in Chinandega Nicaragua, one of the communities where WIL funded a village bank. Sandra, a single mother, could not make ends meet with two jobs—one cleaning houses and the other selling firewood. With a $157 loan and business training through the NGO selected by WIL’s funding partner, Sandra purchased household goods, opened her own business, a small convenience store, and began a new life.

In Sandra’s words, “Pro Mujer’s business training, taught me how to manage my money and how to create a business plan. . .I have learned about women’s rights and how to take care of my daughter’s health. I am also learning how to be a leader. I was elected to be president of my communal bank! All the women in my group respect each other and want each other to succeed.

 

My living conditions have changed. I have earned enough recently to pay the school fees for my daughter—I want her to get an education. I will keep growing my business and improving my family’s life.”

How Microfinance Works

Increase Economic Security

Micro Finance increases economic security for very poor women earning less than $2 /day with small loans for home based business enterprises.


Each village bank has $5,000 to make small loans to 15-20 impoverished women to start or expand a business.

 

97% of the loans are repaid and these funds then become available for additional lending.

Perpetual Impact

Women pay back loans at a rate of 97% so banks can make new loans every 9 – 12 months, giving additional women the opportunity to improve their lives.

 

Additional Benefits

With these loans, women generate additional money to feed, clothe and send their children, especially their daughters, to school and for medical care.

Even More Benefits

Micro enterprise empowers loan recipients to become role models and leaders in their villages.

Current Banks

Haiti

2020

In 2020, WIL continued its previous support of Fonkoze. Fonkoze seeks to eliminate poverty in rural Haiti by providing financial and non-financial services to empower women to make economic choices that benefit their households. Fonkoze serves the poorest of the poor and has empowered over 8200 to break the cycle of poverty.

Guatemala

2020

Namaste directly contributes to Women's Economic Empowerment by providing business development programs that increase the cash flow of low income women in Guatemala. Namaste serves approximately 350 women annually with business advisory and educational programs along with micro-loans.

Philippines

2019

Founded in 1984, NWTF is a non-government organization committed to the fight against poverty by providing Grameen-based micro financing and developmental services to the marginalized urban and rural poor of Central Philippines.

Sierra Leone

2018

Just nine years later, we have helped over 100,000 street-children to go to school and supported over 15,000 families to set up businesses across five countries.

Ecuador

2018

Banco FINCA currently supports approximately 31,000 Ecuadorians with small loans, which average around USD 2030, in addition to other financial services tailored to the needs and possibilities of their customers.

Afghanistan

2018

FINCA Afghanistan serves more than 25,000 clients—especially women, ethnic minorities, and returning refugees—through 21 locations in the country with individual, small group, SME, agriculture and Islamic loans.

Kenya

2018

The Lewa Women’s Micro-Credit Programme supports rural women living in the communities surrounding the Conservancy. We provide them with low-interest loans to enable them initiate micro-enterprises such as tailoring, homestead retail shops, poultry-keeeping, farming and more.

India

2017

Dhosa Chandaneswar Bratyajan Samity (DCBS) is a micro finance institution (MFI) operating in the Indian states of West Bengal & Bihar since 2003. DCBS is committed to providing access to loans to marginalized people living in undeserved areas of rural India.

Funded in memory of Andrea Brod.

Zimbabwe

2016

The Farmers’ Association of Community self-Help Investment Groups Trust (FACHIG Trust) operates in rural areas of Zimbabwe. It is a women-led farmer organisation engaging in value chain-driven climate smart agriculture and gender justice issues.

Uganda

2016

Since 2017, FINCA Uganda marks 25 years of providing relevant financial services to her over 200,000 clients hence empowering and impacting communities positively.

Kenya

2015

The LEWA Women's Micro-Credit Programme supports rural women living in the communities surrounding the Conservancy. We provide them with low-interest loans to enable them initiate micro-enterprises such as tailoring, homestead retail shops, poultry-keeeping, farming and more.

Agraria la Campesina, Guatemala

2015

Friendship Bridge works primarily with indigenous Guatemalan women in rural areas where the rate of poverty in Guatemala is the highest. While illiteracy and poverty rates are staggering in these regions, the women we work with are determined to create a change.

Funded in memory of Bobbi Gohn.

Dominican Republic

2015

Esperanza International is a Christian-based not-for-profit organization that is devoted to helping poverty-stricken people of the Dominican Republic through finance, education, health, and spiritual programs

Visited by WIL group

Philippines

2014

Center for Agriculture and Rural Development. With landless women as target clients in mind, CARD MRI first offered microloans for small-scale livelihood activities, education, health and agriculture through CARD, Inc. After several years of training and educating these women on how to manage their loans, they evolve into businesswomen who are now in need of formal banking system.

Ganthier area, Haiti

2013

Fonkoze (The Foundation) was created over 23 years ago to bring financial inclusion and development services to Haiti's poor - providing them a viable way to lift themselves out of poverty.

Ganthier area, Haiti

2012

Fonkoze (The Foundation) was created over 23 years ago to bring financial inclusion and development services to Haiti's poor - providing them a viable way to lift themselves out of poverty.

Tanzania

2011

Promotion of Rural Initiative and Development Enterprises Limited (PRIDE Tanzania) is a micro finance institution involved in provision of credit to small and micro entrepreneurs in Tanzania.

Funded in honor of Lori Geenawalt.

Guatemala

2010

Friendship Bridge works primarily with indigenous Guatemalan women in rural areas where the rate of poverty in Guatemala is the highest. While illiteracy and poverty rates are staggering in these regions, the women we work with are determined to create a change.

Visited by WIL group

Jane Furse, South Africa

2009

The Small Enterprise Foundation (SEF) is a pro-poor microfinance institution (MFI) that was founded in 1992. SEF provides financial and non-financial services to about 113,000 women in rural areas in Limpopo in 2014.

Chinandega, Nicaragua

2009

Nicaragua suffers from the highest cervical cancer mortality rate of any country in the Americas. Attending to this overwhelming public health concern, Pro Mujer has provided nearly 22,500 cervical cancer screenings in the last two years.

Contribute any amount. Every dollar donated empowers women to become independent contributors and community leaders.

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