Overview
What is Microfinancing Partners In Africa?
Microfinancing Partners In Africa (MPA) is a nonprofit organization based in St. Louis, Missouri, dedicated to uplifting individuals living in extreme poverty in Africa. Through grants, they support and expand microfinancing programs, enabling people to improve their lives with dignity. MPA's primary focus is on providing financial services and education. One of their initiatives includes the Uganda Cow Project, where families in rural villages receive training and grants to raise cows, generating a steady income. The organization emphasizes self-sufficiency, requiring families to invest in their farms before receiving a cow and paying back the loan by raising the calf. MPA's team consists of eight dedicated individuals.
Official website here: www.microfinancingafrica.org
Is Microfinancing Partners In Africa legitimate?
Microfinancing Partners In Africa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Microfinancing Partners In Africa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,684
For more financial information, click here
What is the mission statement of Microfinancing Partners In Africa?
Microfinancing Partners In Africa (MPA) aims to strengthen and expand microfinancing programs in Africa, empowering individuals living in extreme poverty to improve their lives with dignity through access to financial services and education. The organization provides grants to support these initiatives, enabling communities to uplift themselves out of poverty. One of MPA's projects is the Uganda Cow Project, which provides training and resources to families in rural villages. Participants prepare their farms to become self-sustaining by building a zero-grazing shed, planting sufficient grass, and implementing sanitation requirements. Upon meeting eligibility requirements, families are granted a living loan in the form of a pregnant cow, valued at $800. Once the calf is born, the family uses milk for consumption and sells the excess to a local dairy, generating a steady income. The family repays the loan by raising the calf and passing it along to another eligible family, continuing the cycle of empowerment.
Official website here: www.microfinancingafrica.org
Who is the CEO of Microfinancing Partners In Africa?
Antoinette Temporiti Phd is the Principal Officer of Microfinancing Partners In Africa.
Official website here: www.microfinancingafrica.org
What is the revenue of Microfinancing Partners In Africa?
Microfinancing Partners In Africa's revenue in 2022 was $1,182,792.
Official website here: www.microfinancingafrica.org
Who are the executives of Microfinancing Partners In Africa and what are their salaries?
The average compensation at Microfinancing Partners In Africa during 2022 was $19,710. There are 8 employees and 120 volunteers at Microfinancing Partners In Africa.
Here are 15 key members and their salaries:
- Antoinette Temporiti Cpps (Board Member) [Trustee/Director]
- Tapiwa Mupereki (Board Member) [Trustee/Director]
- Linda Hall (Secretary) [Trustee/Director]
- Fr Brad Modde (Board Member) [Trustee/Director]
- Paul Mutuura (Board Member) [Trustee/Director]
- Christina Oridota (Board Member) [Trustee/Director]
- Paul Piechowski (Board Member) [Trustee/Director]
- Tim Bubenik (Board Member) [Trustee/Director]
- J Tyler Blickhan (Treasurer) [Trustee/Director]
- Julie Shearburn (Vice President) [Trustee/Director]
- Mark Schaeffer (Board Member) [Trustee/Director]
- Shilpa Thornton (President) [Trustee/Director]
- John Degregorio (Board Member) [Trustee/Director]
- Ryan Shortal (Board Member) [Trustee/Director]
- Tika Shah (Board Member) [Trustee/Director]
Official website here: www.microfinancingafrica.org
Where can I find the form 990 for Microfinancing Partners In Africa?
The Microfinancing Partners In Africa’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.microfinancingafrica.org
Learn more at the official website: www.microfinancingafrica.org
Mission Statement of Microfinancing Partners In Africa
Microfinancing Partners In Africa (MPA) is an organization dedicated to empowering individuals living in extreme poverty in Africa. They achieve this by providing grants for the strengthening and expansion of microfinancing programs across the continent. The primary objective of MPA is to enable these individuals to lift themselves out of poverty with dignity, through access to financial services and education.
One of the ways MPA accomplishes this mission is through the Uganda Cow Project, in collaboration with Caritas Maddo, a diocese organization in Masaka, Uganda. This project enables families to join village groups and receive training to prepare their farms for self-sustainability. Upon meeting eligibility requirements, families are granted a living loan in the form of a pregnant cow, valued at $800. Once the calf is born, the cow provides around 20 liters of milk daily, with the family using a portion for consumption and selling the remainder to Caritas Maddo Dairy. This steady income, along with repaying the loan by raising the calf for 9 to 12 months and passing it on to another eligible family, helps families in poverty become self-sufficient.
In essence, Microfinancing Partners In Africa serves as a catalyst for change, supporting organizations that offer microfinancing programs to empower individuals and families living in extreme poverty in Africa. These programs provide the necessary tools to help individuals lift themselves out of poverty, fostering self-sufficiency and a sense of dignity.
Impact
This information is meant to be a general summary of Microfinancing Partners In Africa. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Microfinancing Partners In Africa's impact can be seen through initiatives like the Uganda Cow Project. Through this project, families in village groups are empowered to become self-sustaining by receiving training and a living loan of a pregnant cow. This allows them to generate income through milk production and ultimately improve their quality of life. By providing grants for cows, dairy facilities, and milk collection centers, MPA is effectively enabling families to lift themselves out of extreme poverty with dignity.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2006
Phone
(314) 776-1319
Principal Officer
Antoinette Temporiti Phd
Main Address
4949 COLUMBIA AVENUE, ST LOUIS, MO, 631391013
Website
www.microfinancingafrica.org
NTEE Category
Code: Q32 - International
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