Impoverished Entrepreneurs and Their Family Members Will Have Opportunity Through Microcredit
Whole Planet Foundation’s annual Poverty is Unnecessary Project provides opportunity for the world’s poorest people – mostly women – to take a microcredit loan and create or expand a home-based business for the opportunity to lift themselves and their family members out of poverty through their own hard work and creativity. Whole Planet Foundation supports impoverished entrepreneurs through microfinance partners in the United States and 76 other countries around the world.
Compete in Whole Planet Foundation's Virtual 10K Activity Challenge during November to create opportunity
Grab your running shoes, kayak, skateboard, or whatever gets you moving and travel 10 kilometers (6.2 miles) or more between November 1-30th to complete the Whole Planet Foundation Turkey Trek Challenge to support micro entrepreneurs. Set your own personal goals in November and compete with your friends and family.
2019 Trailblazer Awarded on October 25, Poverty Is Unnecessary Day
At Whole Planet Foundation’s Annual Benefit & Auction, the Foundation honored the Frontier Co-op Well Earth sourcing program as its 2019 Trailblazer. The missions of Whole Planet Foundation and Frontier Co-op align perfectly around one central idea -- empowering people. In 2007, Frontier Co-op created the Well Earth sourcing program not only to ensure the sustainability of its products, but to empower its growers.
by Brian Doe, Regional Director for West Africa and the Middle East
Last month I went Cote D’Ivoire to visit Whole Planet Foundation long-time microfinance partner Premiere Agence de Microfinance (PAMF), who administers group microloans to rural entrepreneurs and farmers. This visit allowed me to observe the initial roll-out of a new mobile phone-based platform that Whole Planet Foundation provided grant funding to help build. The platform will allow anyone with a cell phone to repay loans or deposit savings into PAMF accounts without having to travel to a PAMF branch office.
This year, we are bringing you People Power Microcredit, a newsletter series that goes behind the scenes to show you the incredible people driving our mission forward. You will meet volunteers, Field Credit Officers, Whole Planet Foundation Team Members, and others dedicated to eradicating poverty and empowering entrepreneurs. This month, meet two field credit officers in Latin America who received recent nominations for Whole Planet Foundation’s Field Credit Officer Awards in their region.
Diverse Community Capital program already supports 16,000 business loans, helped create more than 103,000 jobs across country
SAN FRANCISCO, July 26, 2019 /3BL Media/ - Wells Fargo announced another new boost to diverse small businesses today with $7.9 million in grants from its Diverse Community Capital program, which offers
Darrell Esch, Vice President of Global Credit, PayPal
For more than 20 years, PayPal has been helping small business owners achieve their dreams. In the beginning, we provided marketplace sellers with a secure way to accept electronic payments from buyers. In 2013, we started pursuing another path: providing our small business owners with much needed access to capital in order to grow. So, in response, we launched PayPal Working Capital as a way to bring our merchants the financing they so desperately needed.
At a microfinance group meeting of a Whole Planet Foundation microfinance partner, you might see a lot of paper: piles of cash, thick record books to record attendance and meeting minutes; repayment schedules; group loan balance reports; passbooks. At the branch office, too, more paper: stacks and binders and file cabinets full of applications and loan contracts.