Grantmaking public charityEIN 861171133
MICROFINANCING PARTNERS IN AFRICA
ST LOUIS, MO 631391013
Total Assets
$1.0M
FY 2024
Annual Giving
$11K
FY 2024
Grants Made
1
FY 2024
Avg Grant
$11K
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$68KLiving loans program - in many rural areas of africa, livestock farming, particularly cow rearing, offers a promising income-generating opportunity for farmers. Our program trains farmers in agricultural best practices and helps them prepare to receive a cow. The cows provide a steady supply of milk, which can be sold to a local dairy for profit.
Program 2
$60KLoans program - microfinance loan programs are a powerful tool in breaking the cycle of extreme poverty, offering opportunities for individuals and communities to generate sustainable income and achieve financial stability. One in three africans live below the global poverty line which is currently $2.15 usd/day. Poverty means daily hunger; child malnutrition; lack of access to clean water, shelter, and healthcare; little or no opportunity to go to school or learn a trade; constant fear for the future; and increased risk of exploitation and abuse. Our microfinance program challenges members to invest or save first, create a sense of community by helping group members overcome obstacles while managing income projects, and manage clear and fixed repayment terms.
Program 3
$188KThe two other programs are the health program and the clean water program. Microfinancing partners in africa's safe woman/health program helps mothers thrive via access to pre-natal care, education and microfinancing. Microfinancing partners in africa equips midwives with ultrasounds to identify three high-risk obstetric conditions that would mandate referral to a health facility with an obstetrician and educating the mothers on the importance of delivering at the village health center. Microfinancing partners in africa's water program funds bore holes and easy-to-maintain water filters to support groups to manage clean water as group income projects, help families in poverty afford clean water via small loans or pay-it-forward plans, and empowers members to train others.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$701K
Total Expenses
$758K
Giving Over Time
7 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
7 grants
Grant Size Distribution
7 grants
Geographic Focus
1 states
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