Located in Chapel Hill, North Carolina, the Carolina Microfinance Initiative (CMI) is a student-run organization that strives to catalyze interest and facilitate action in microfinance on the campus of the University of North Carolina at Chapel Hill. CMI considers itself a seedbed for the growth of industry knowledge and encourages informed engagement of the community in the world at large.
CMI’s primary role is to educate the UNC campus and broader community, academically engage in current industry issues and trends, and compile microfinance resources for use by members and beyond. Through this, CMI develops well-informed field volunteers and innovators to facilitate the growth of successful microfinance initiatives around the world.
Founded in 2006 by a group of UNC students, CMI is now an active member of the UNC Campus Y. Since the launch eight years ago, CMI has fostered the travel of its members to Peru, South Africa, Zambia, Bangladesh and most recently, Guatemala.