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'''Wokai''' is an organization that allows people to contribute directly to [[microfinance]] institutions in China, which in turn lend the money to entrepreneurs in rural China.<ref name="SF Chronicle">[http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/13/BACB16VUFE.DTL Tiny loans, big difference at Bay Area Web site]</ref><ref name="MSNBC">[http://worldblog.msnbc.msn.com/archive/2009/07/28/2012055.aspx "Role-reversal: Americans provide loans to Chinese - World Blog - msnbc.com"]</ref> It is a [[501(c)|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.<ref name="About">[http://www.wokai.org/f/about/index.php "About" on Wokai.org]</ref> As of May 2012, Wokai is concluding operations due to funding roadblocks and the need for a new CEO.<ref name="Announcement">[http://en.wokai.org/announcement]</ref>
==History==
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<ref name="Wokai's Blog">[http://www.wokai.org/blog]</ref> Found on the company website, features updates from the field through Wokai Fellows, profiles of Wokai volunteers from around the world, personal glimpses of rural Chinese life, and commentary about current developments in rural China and the microfinance sector.<ref name="Wokai Blog">[http://www.wokai.org/blog]</ref>
In May 2012, Wokai announced that it is concluding operations due to a variety of factors.
==Activities==
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