Please tell us more about how partnerships could be critical to the success of your innovation.
Land ownership advocates, speakers and consultants could partner with WMI’s loan network to distribute information and assistance to women in acquiring land titles. Government officials attend all WMI graduation ceremonies and celebrations and could be asked to speak about Uganda’s laws protecting and promoting land ownership for women.
We would like to learn more about how your initiative is financially supported. Please explain your business plan/revenue model
WMI’s 2010 income will approach $150,000. This will represent an increase of about 25% over last year’s revenues.
All current and past financial statements are available on the WMI web site. WMI raises funds from private donors and foundation grants. As it has expanded the loan program and collected additional data and provided analysis of the loan program impact, foundation grants have increased. Because the loan program is successful, sustainable and results in immediate improvements in the household living standards of borrowers, we believe WMI will attract increasing support from foundations, corporations and international agencies focused on poverty alleviation, women’s rights and youth initiatives.