Pro Mujer
24
4
"Up" is the number of experts who agree that the nonprofit has had the most impact in the
field. "Down" is the number of experts who disagree that the nonprofit has had the most impact in field.
Headquarters Location: New York, NY
Founded: 1990
Mission: Pro Mujer is an international women’s development and microfinance organization whose mission is to provide Latin America’s poor women with the means to build livelihoods for themselves and futures for their families through microfinance, business training, and healthcare support.
Tags:
international, microfinance, human development services, latin america, women support, health care, business training, financial services
Summary
Stories
Expert Reviews
Leadership
From the Nonprofit
Leadership
Rosario Pérez.
Rosario Pérez, Chief Executive Officer of Pro Mujer, served as a member of the Pro Mujer board of directors for two years prior to being elected Chief Executive Officer of the organization. As a member of the board, she was an integral part of several board committees and worked with the Pro Mujer leadership in both the US and Latin…
See full bio.
Financial Data
Overhead Ratio:
n/a
Total Revenue:
$19,597,208
From the Nonprofit
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Contact Info
Address:
253 W.35th Street, 11th Floor South
New York, NY 10001, USA
Twitter:
Story:
Meet one of Pro Mujer's clients who lives in Salta, Argentina:
Laura Rioja is a 25-year-old mother of three children ages 2, 4, and 6. Before joining Pro Mujer, Laura and her husband struggled to support themselves and their family. She had no work and no hope of a better future for herself or her children, who were forced to beg in the streets just to make enough money to feed themselves.
On the advice of her sister, Laura went to an information session at Pro Mujer in March of 2004 and decided to join. She used her first loan to begin a small business selling sandwiches and other snacks. Soon, thanks to the guidance Laura received from Pro Mujer, she had made enough money to buy beds and other basic furniture for her home that she had never been able to afford before. Now Laura is proud of her business and at being able to help her husband support their family. Laura is now in her 4th loan cycle and has increased her loan to US$1,050 thanks to her newfound credit and economic success.
Laura has learned the importance of solidarity through her borrowing group and is happy with the community and companionship she has found in the other women at Pro Mujer. She says, “I owe everything to Pro Mujer. I had nothing before.” The biggest change for Laura is that she can have her children with her at all times instead of having to send them to the streets to beg for food and money. She plans to give them an education, an option they would not have had without Pro Mujer.
(Read more stories like Laura's at: https://promujer.org/index.tpl?NG_View=69&NG_Id_Country=1)
Expert Reviews of Pro Mujer
Evidence of Impact Summary:
Pro Mujer has served 822,287clients, has 12,547 communal banks, has $51 million in their total gross loan portfolio, and has $18 million in total client savings.Organization Strengths Summary:
Microfinance experts believe that Pro Mujer’s strength is that they focus on women, and offer a holistic approach that provides training, credit, and health care at the same time. They are innovative and contribute proactively to the microfinance industry.See expert comments.
Areas for Improvement Summary:
At the same time, experts feel that Pro Mujer should grow and expand to more countries. They should improve their methodology and share with others what they have learned.See expert comments.
Expert Comments: Organization Strengths
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Researchers and Faculty (R)
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Nonprofit Senior Staff (N)
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Other (consultants, journalists, policy makers) (O)
Constantly Learning |
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Their credit "plus" programs show that they seem to learn constantly from their operations and therefore ensure their programs have a better impact on the clients they serve. | ||
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N
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Their leadership engages colleagues within the sector and they contribute proactively to the microfinance industry. | ||
Focus on Women |
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They reach some of the poorest women. | ||
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They focus on women and offer complementary health services. | ||
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They have a strong commitment to meeting women's needs in a holistic way by combining financial and non-financial services. | ||
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They focus on women. | ||
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This is one of the best networks serving women sustainably and with other services like education. They have great portfolio quality and performance in every country they have operated in the last 10 years. | ||
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The program provides women with outstanding training, loans, and heath care. They also build communities of entrepreneurs. | ||
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This organization is outstanding with its holistic approach and outreach to women. | ||
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O
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This organization has a very strong sense of mission, great financial performance, and comprehensive products and services for clients; a lot of time has been put into developing holistic services for women. | ||
Focus and Approach |
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They have a Spanish focus. | ||
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They have a very sound approach that provides training along with credit, while dealing with health care at the same time. | ||
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They have a multi-dimensional approach, effective targeting, and high standards for monitoring and evaluation. | ||
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Although microfinance is a key method for Pro Mujer, the organization understands it as a means to an end. The end for Pro Mujer is the empowerment of women through education, healthcare, political access, etc. | ||
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They have a very clear focus on their mission. They provide holistic support to their member microfinance institutions to ensure a high quality, consistent package of integrated health and microfinance services that is appropriate for the local population. | ||
Expert Comments: Areas for Improvement
Select the boxes to display the results according to expert type.
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Show:
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Foundation Professionals (F)
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Researchers and Faculty (R)
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Nonprofit Senior Staff (N)
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Other (consultants, journalists, policy makers) (O)
Grow |
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They should get more funding when they keep growing. | ||
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They should expand to more countries. | ||
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They should grow. | ||
Tighten and Share Methodology |
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They should tighten their methodology and reconsider formalization. | ||
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They should share what they have learned outside the Pro-Mujer family. | ||
Leadership
Rosario Pérez
CEO
CEO
From the Nonprofit
The nonprofit has not added any comments yet. If you are a representative of this nonprofit and would like to leave a comment, please email us at
feedback@myphilanthropedia.org
with your request.