Whole Planet Foundation Celebrates 12 Years Of Fighting Poverty
(3BL Media/Justmeans) - One of the UN's Sustainable Development goals is to end poverty, the root cause of many of the world's problems. The good news is that extreme poverty rates have been cut by more than half since 1990, the UN says. Despite that, one in five people in the developing part of the world still needs to make ends meet with $1.25 a day while many millions more are not better off. Poverty means hunger, malnutrition, disease and exclusion from services and goods that most people in the developed world take for granted.
In an effort to contribute to the eradication and alleviation of poverty, Whole Foods Market's Whole Planet Foundation will celebrate its 12th anniversary with the Poverty is Unnecessary Day, focusing mainly on areas where the company sources its products.
The organization also celebrates donors who have committed $25,000 this year's Poverty is Unnecessary Fund, which includes Cedar’s Mediterranean Foods, Greyston Bakery, High Brew Coffee, Natural Vitality, Reserveage, Rishi Tea, WTRMLN WTR, The Republic of Tea, Stacy’s, Steaz and Surya Brasil and VOSS Water.
One of the highlights of the campaign is the Benefit & Live Auction at Fair Market in Austin, Texas to support more entrepeneurs in need around the world. The auction will take place on the 25 of October and tickets can be purchased online. Attendants can expect live music, food trucks, cocktails and more than 100 items from local and global marketplaces.
In the 12 years since it was launched, the Whole Planet Foundation has funded more than $65 million in small loans to impoverished microentrepreneurs in 17 U.S. cities and 68 other countries. This was done through 2.3 million microcredit loans, which are small loans with no formal contract or collateral.The loans can help recipients create or expand a home-based business and generate their own income with their own effort.
Image credit: Whole Planet Foundation