Stonyfield Organic Joins the Whole Planet Foundation Supplier Alliance for Microcredit

Jun 29, 2021 8:35 AM ET
Blog

For two weeks beginning June 23, supplier partners are supporting the Whole Planet Foundation Prosperity Campaign in select Whole Foods Market stores and online to alleviate poverty in countries that supply the company’s stores with products. 

Since 2006, Whole Planet Foundation has disbursed $92 million through microfinance partners in 78 countries in Africa, Asia and the Americas, including in 20 U.S. cities. Whole Planet Foundation collaborates with a wide network of microfinance organizations and supports entrepreneurs in some of the most marginalized and remote communities around the world, funding 4.9 million microloans and 26 million opportunities for a better life for microentrepreneurs and their family members.

“With a microcredit loan, an impoverished woman can generate income and lift up herself and her family. Each year, the generosity and support of Team Members, shoppers, suppliers and corporate partners provides life-changing opportunities for microentrepreneurs to generate income and lift themselves and their families out of poverty,” said Joy Stoddard, Whole Planet Foundation development and outreach director.  Because Whole Foods Market covers the foundation’s operational costs, 100% of every donation benefits microcredit clients.

Stonyfield Organic is committed to donating $50,000 to Whole Planet Foundation this year to fund 285 microloans and create 1,490 opportunities for a better life through entrepreneurship. 

"Yogurt is our product, but people are our passion. Stonyfield Organic began in 1983 out of a farming school devoted to sustainable farming practices, and we've been committed to the big picture ever since. There are many threats to food security, from pesticides to climate change to poverty, and we're determined to do our part. It's a mindset we call Good on Purpose, and it's why we're proud to support Whole Planet Foundation." said Stonyfield Organic Director of PR & Nutrition, Kristina Drociak.

Learn more about the transformative power of microcredit at Whole Planet Foundation, and join Stonyfield Organic in the Prosperity Campaign online to fund essential businesses of women entrepreneurs worldwide.