Financial Information

Click here -> Snapshot of WMI Loans 2018 YTD

Click here -> 2017 Annual Report

Click here -> 2016 Annual Report

Click here -> 2015 Annual Report

Click here -> 2014 Annual Report

Click here -> 2013 Annual Report

Click here -> 2012 Annual Report

Click here -> 2011 Annual Report

Click here -> 2010 Annual Report

2017 Program Accomplishments

Loan Hub Activity

  • In 2017, WMI provided 8,500 loans totaling $1,000,000, bringing the total value of loans issued since 2008 to over $5.1 million. This year WMI added 3,300 new borrowers, a 10% increase over 2016. This brings our total number of borrowers since 2008 to over 14,000. Each loan positively impacts at least 10 people, including nuclear and extended family members, thus WMI has been able to reach over 140,000 impoverished individuals and improve their lives. We are now ramped up to deliver 10,000 loans annually.
  • The revolving loan fund stands at $1,050,000, providing quarterly loans to our borrowers for a period of two years, at which time the borrower graduates and the funds are available to a new borrower.
  • WMI assisted over 14,000 women in their transition to independent banking in Uganda, providing them support and working with PBU to ensure a smooth graduation to the formal economy. The WMI loan program has graduated 5,100 borrowers to date.
  • WMI President, Robyn Nietert, made her 10th annual field visit to the loan hubs in East Africa.


  • WMI continues to work with hub staff on a host of management skills, including bookkeeping, budgeting and accounting.
  • The "Girls Group" for P-7 students continues to hold programs designed to empower and educate young teenage girls on healthy behaviors and responsible life skills, as well as entrepreneurship skills. With an overarching goal of readying these young ladies for a healthy and successful future, the immediate aim is to provide a safe and relaxed environment to tackle important topics. The girls sold their piggery, and bought a cow, which is now pregnant with its third calf, generating additional income to the group. A similar group is now running in Tanzania. In 2017, a "Boys Group" was added as well and has proven equally successful.

Special Projects

  • Advanced Banking. As the loan program continues to grow, so does the need to make sure it is operating at maximum efficiency and within host country guidelines. Our banking consultant, John Mark Muwangala, a seven year veteran of the Ugandan banking industry, has been instrumental in improving the loan hubs' link to the financial services industry and in helping develop a transition for WMI graduates into the established banking system.
  • Loan Tracking Software and Tablet Data Entry System. We began development of software to manage our finances and loan data. Two local software engineers worked hard to learn the unique complexity of WMI's loan group system, and we were fortunate that our new Fellow brought experience in software design from her previous job and was able to successfully bridge communications between the engineers and the WMI staff. Data input will be done on tablets, which will be transferred to WMI's main desktop computers. The system is expected to go live mid-2018 loan issuance.
  • Annual Impact Survey. Our college interns managed a massive data analysis to document the loan program's impact. They reviewed over 1,300 surveys to develop a nuanced picture of the wide-ranging outcomes. For the tenth year in a row, WMI survey results show that the loan program continues to a have a significant impact in reducing poverty and improving household living standards for rural families. Monthly incomes double, triple and even quadruple after women launch their businesses. Before taking a loan and starting a business less than 10% of women earned more than $46/month. After launching their businesses, 86% of women earned more than $112/month.
  • The impact on savings is even more dramatic. Saving is virtually impossible for households with no regular income. After launching a business women are able to save on a regular basis and savings increases in Uganda were over 139%.

2016 program Accomplishments