Tags: Non-Profit Organisation.
Wokai was an organization that allowed people to contribute directly to microfinance institutions in China which in turn lend the money to entrepreneurs in rural China. It was a 501(c)(3) non-profit organization based in Oakland California with core operations in Beijing supported by individual donors corporate sponsors fundraising events and grants. As of May 2012 Wokai concluded operations due to funding roadblocks and the need for a new CEO.