Pro Mujer Inc.

“The form 990 was prepared by the outside accountants and reviewed by the cfo, ceo and the audit committee.”

“In all of our employment contracts, we include a conflict of interest statement and disclosure form. Furthermore, our conflict of interests policy is covered in our on-boarding policy and is part of our new-hire orientation at all levels of the organization. In addition to this, the board of directors has to complete a conflict of interest form each year. Should a conflict of interest arise, our procedures call for contacting our general counsel and ceo and, together with h.r., we meet with the person in question to resolve any issues promptly and satisfactorily.”

“The board of directors are responsible for the performance evaluation of the ceo and are also charged with the responsibility of reviewing the ceo compensation levels against market data for similar positions at similar organizations. If it is determined that an increase in salary is appropriate for the ceo, the chair of the board directs the director of h.r. In writing to make the necessary adjustments to the ceos salary. For key employees of the organization and other officers, an evaluation is based on each individuals performance against their goals (measured through an annual performance review process) and market salaries. The ceo brings the proposed change to the boards executive committee for review, together with the pertinent performance and market salary data for that position. The board approves changes in compensation for the ceo, as previously described. Approvals by the ceo and the executive committee of the board are needed. Documentation: individual performance against goals, as evidenced in the annual performance review, and salary market data for comparable positions at comparable organizations in a comparable geographic area are required parts of the documentation process, as is the retention value of keeping a key employee. Generally, this is done at the end of the year, but, in rare occasions, it is done in mid-year or when updated compensation market data becomes available that is significantly different from our salary ranges.”

“The organizations governing documents, conflict of interest policy and financial statements are not generally available to the public. These documents are made available to interested parties upon request, subject to the approval by pro mujer.”

“In 2015, Pro Mujer served over 250,000 poor women in Latin. -- Pro Mujer stewarded resources wisely: More than 89% of every dollar donated went to programs to serve low-income women. 4% supported fundraising. 7% supported management and administration. -- PRO MUJER PROVIDED LOW-INCOME WOMEN WITH LOANS WHICH WE USED TO EXPAND AND DEVELOP THEIR BUSINESSES. THE AVERAGE LOAN IN 2015 WAS $534. -- In 2015, Pro Mujer provided loans, savings programs, and other financial supports through more than 26,000 communal banks. -- Finally, Pro Mujers empowerment model includes both services to poor women and advancing women in the formal economy. Of nearly 2,100 employees, 69% in 2015 were women; 15% were former recipients of Pro Mujer's services. As of December 31, 2015, Pro Mujers countries of operation and number of beneficiaries are: *Argentina: 8,875 Beneficiaries *Bolivia: 114,532 Beneficiaries *Mexico: 40,313 Beneficiaries *Nicaragua: 49,875 Beneficiaries *Peru: 39,447 Beneficiaries FORM 990, PART I, LINES 5 & 15 THE TOTAL SALARIES REPORTED ON FORM 990 ON PART I, LINE 15 AND PART IX, LINES 5-10 INCLUDES COMPENSATION OF BOTH U.S. AND FOREIGN EMPLOYEES. HOWEVER, PART, I, LINE 5 AND PART V, LINE 2A ONLY REPORT THE TOTAL NUMBER OF U.S. EMPLOYEES. IN ADDITION TO THE U.S. EMPLOYEES, PRO MUJER ALSO EMPLOYS APPROXIMATELY 2,000 FOREIGN EMPLOYEES.”

“Pro mujer's financial statements are compiled on a consolidated basis.”

“Pro mujer provides vital services to women throughout latin america. Pro mujer mexico serves almost 41,000 women living in 41 communities spread throughout eight states in mexico. Pro mujer in mexico is the only institution in mexico that combines microfinance with women's health and empowerment training. The financial statements in argentina, bolivia, nicaragua, mexico and peru were previously consolidated on the 990. In order to comply with presentational requirements per treasury regulation 301.7701-3 mexico is not included in the current year consolidated returns. As a result, pro mujer, inc. Has presented the financial statements for fiscal year 2013-2015 without pro mujer mexico's operations. Pro mujer mexico's financial statements includes $680,267 in net income, $20,540,379 in assets, $15,749,362 in liabilitites, and $4,791,017 in total net assets.”