Brooksource is a proud event sponsor of the Whole Planet Foundation Virtual 5K that raised $63,000 to alleviate poverty around the globe. On June 27, 2020, fifteen hundred participants joined Whole Planet Foundation’s Power Your Purpose Virtual 5K to run, walk, bike or move for microcredit. Registration fees, donations and sponsorships from this online event will fund more than 360 microcredit loans through Whole Planet Foundation, creating 1,900 opportu
J.P. Kloninger is the Program Manager for Whole Planet Foundation’s North America microfinance portfolio and Team Member Giving. He previously served as Program Director for Latin America and the Caribbean, and as Administrator of Finance and Business Analysis. A native Californian who grew up in Costa Rica, J.P. has diverse experience with microfinance in the developing world and the U.S.; food and technology import and export; sales and marketing; food production and agricultural engineering; and more.
TriplePundit Flash: Yes, Smaller Brands Can Help End Global Poverty
In the global fight against poverty, a quiet revolution in corporate giving has been bubbling under the surface. Smaller brands are finding that a relatively modest amount of money can make help transform the lives of women and their families. One important strategy is to focus microloans on women, who are both more likely to be impoverished; the result is that creative means of financing can make a significant difference in women’s families and their communities.
Since 2012, The Republic of Tea has donated $148,737 to Whole Planet Foundation to fund 2,093 microloans around the globe. This year, they launched their own program to amplify this work. Working with the international nonprofit, the Ethical Tea Partnership, and a local nonprofit, the PALM Foundation, The Republic of Tea has crafted a program in Sri Lanka focused on nutrition, hygiene, and financial literacy, with the goal of elevating thousands of women and their families.
First in a two-part guest blog series from Sophie Eckrich, a former Whole Planet Foundation intern and founder of Teysha.
Ten years ago, I embarked for a life-changing journey as an intern for Whole Planet Foundation with their microfinance partner, Grameen Bank, in Panajachel, Guatemala. I was 19 years old, a rising Sophomore at the University of Texas at Austin, and I had no idea what to expect.
Whole Planet Foundation funds microloans in cities in the United States through four microfinance partners who work with poor entrepreneurs to create or expand small businesses and generate income for themselves and their familes. We are alleviating poverty in Austin, Boston, Charlotte, Des Moines, Indianapolis, Los Angeles, Miami, New York City, Newark, New Orleans, Oakland, Omaha, Phoenix, Salt Lake City, San Diego, and San Jose. Watch this video to see an example in Austin, Texas where we have invested $1 million for microentrepreneurs.