The Latest News from BOMA

Agnes Lekupe exemplifies the BOMA difference. Once held back by cultural norms and traditions, Agnes is now a successful business woman and a leader among her family and community. She is building a brighter future and changing beliefs along the way. You last heard from Agnes in 2020. Today, she is thriving.

BOMA and IKEA Foundation have teamed up to hone and expand BOMA’s innovative approach to alleviating poverty in the areas most impacted by climate change. This $10.1 million in funding from IKEA Foundation marks the largest grant in BOMA’s history.

BOMA is empowering the people and places most impacted by climate change with a new program that helps women, youth, and refugees to build lasting livelihoods and escape extreme poverty.

A recent Randomized Controlled Trial (#RCT) from the Feed the Future MRR Innovation Lab found that REAP participants had, on average, 324% more in business #assets, 32% more in total annual household cash #income and 509% more in cash #savings than non-participants in communities where no BOMA programming took place. Those benefits generated a total return-on-investment (#ROI) of 3.1, meaning that every $1 invested in REAP delivers about $3 in benefits to BOMA #entrepreneurs.

BOMA is proud to have received recognition from some of the most respected organizations in the non-profit space, including a Guidestar Platinum rating for transparency and accountability. Additionally, BOMA was among the first four nonprofits worldwide to pass a rigorous “impact audit” conducted by ImpactMatters to assess nonprofits in the key areas of: cost-effectiveness, transparency, knowledge sharing, and theory of change.

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