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Microfinancing Partners In Africa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861171133 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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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

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Microfinancing Partners In Africa has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity boasts an impressive program expense ratio of 83.86%, indicating a significant portion of funds is directed toward its mission. With 100% of its board members being independent and no noted material diversion of assets, the organization demonstrates a commitment to transparency and sound governance.

User reviews highlight the effectiveness of MPA’s approach to microfinancing, emphasizing its training programs that empower recipients to improve their livelihoods. Volunteers and donors alike praise the organization for its focus on providing a "hand up" rather than a "handout," fostering sustainable development. The high repayment rate of over 90% on loans further underscores the effectiveness of MPA's strategies in supporting communities in Africa.

While the charity has received positive feedback for its operational practices and community engagement, the culture and community score of 79 suggests there may be areas for improvement in how it fosters relationships and engages stakeholders. Nonetheless, the overall sentiment reflects strong commitment and active involvement from both the staff and community members, making MPA a respected player in the field of microfinancing.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Microfinancing Partners In Africa?

92% of 15 reviewers on Facebook recommend Microfinancing Partners In Africa. Here is a summary of their reviews:

Many individuals express strong support for the organization's mission to empower impoverished women. The sentiment surrounding the nonprofit's efforts to provide financial services to these women has been overwhelmingly positive, with comments highlighting the transformative impact of their work in helping people lift themselves out of poverty.

Overall, the organization is viewed as an effective and valuable resource for those in need, and its commitment to improving the lives of women in Africa resonates well with the reviewers.


This AI summary has been generated from reviews found on Facebook.

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.


Heare 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


Official website here: www.microfinancingafrica.org

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)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tapiwa Mupereki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Brad Modde (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mutuura (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Oridota (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Piechowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bubenik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Tyler Blickhan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Shearburn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schaeffer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shilpa Thornton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Degregorio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Shortal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tika Shah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.microfinancingafrica.org

Where can I find the form 990 for Microfinancing Partners In Africa?

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.

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Impact




July, 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.




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.


Financials

This financial information is from Propublica.

Revenue
$1,182,792 (2022)
Expenses
$972,361 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,053
  • Gross Receipts: $1,213,551

Assets and Liabilities:

  • Total Assets: $1,054,278
  • Total Liabilities: $13,631
  • Net Assets: $1,040,647

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Organization Details

Founding Year

2006

Principal Officer

Antoinette Temporiti Phd

Main Address

4949 COLUMBIA AVENUE, ST LOUIS, MO, 631391013

NTEE Category

Code: Q32 - International

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