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Whole Planet Foundation
- 2. sells food from all over the world, like Bananas from Costa Rica
- 4. They also sell rice from the foothills of the Himalayas.
- 5. Microcredit- How It Works A small amount of money is loaned to a person in poverty who wants to start or grow a business, but doesn’t have any money to do so.
- 6. Microcredit- How It Works The person uses the money to purchase something to help their business, like a sewing machine to make clothes
- 7. Microcredit- How It Works The person can then sell a product, and because she is making money, she can afford to do things such as feed and clothe her family and send her kids to school
- 8. Microcredit- How It Works The person will pay back the loan, and then that money can go to other people in poverty to help them start a business too! Money that is contributed to microloans are donations that keep on giving!
- 9. Why Microcredit? Why not food ?
- 10. Where do we fund microcredit?
- 11. Warke, Ethopia Warke received a loan of $75 to fatten a cow and sold it for profit.
- 12. Warke, Ethopia Warke built up her money and now has many cows and is able to send her son to college. Warke is changing her son’s life so that he and his family may not live in poverty
- 13. Bindu, India Bindu used her loan to start a shop to sell stationary, food and more.
- 14. Bindu, India Bindu is working towards her dream to have a good house, an education, and a better future for herself and her two children.
- 15. Teresa used her loan to buy thread and other materials to make and decorate hand crafts like this basket Teresa, Guatemala
- 16. Teresa uses her profit to buy more materials and make sure her family has a good life. Teresa, Guatemala
- 17. Rosalina used her loan to start a produce business. She sells soybeans, carrots, and potatoes in a local market Rosalina, East Timor
- 18. Her business has grown, and now Roslina’s five children can all attend school. Rosalina, East Timor
- 20. Why Is Microcredit Important? 3.8 BILLION people live on less than $2 a day.
- 21. How To Help • Teach people about what you learned • Help make ornaments to sell in WFM stores • Work with your class to find another way to help
- 22. Ornament Project
Hinweis der Redaktion
- Bananas from Costa Rica
- Blueberries from Argentina
- So lets say I am really good at making clothes, but I don’t have the money to buy a sewing machine. What a microloan does is give me that money to buy a sewing machine, so I can sell clothes and make money. I can use some of that money to make more clothes, and the rest of it can go to feeding my family, and making sure they go to school. In most of the world, school isn’t free, so a lot of kids aren't lucky enough to go to school. Microloans can make it so future generations may not live in poverty.
- There is an average of 96% repayment of the microloans that WPF funds around the world, meaning that of every $1 loaned out, 97 cents is paid back along with some interest so the $ go around and around helping more and more people over time as the $ grows. (WPF does not lend the money out ourselves, we find reputable microfinance organizations with proven track records who care about the people that they are helping and whose main goal is to alleviate poverty. Then we do monitoring and evaluation to make sure that they are good to the people that they are serving and using the money for what they are supposed to.)
- We give microloans all over the world! Can anyone name some of these places? -United States, India, Indonesia, Thailand. The countries in orange and green places are countries where we are funding microcredit Here are some of the stories of people from around the world:
- Whole Foods Market sources coffee in Ethiopia through Allegro Coffee Company
- Whole Foods Market sources cashews in Kerala, India
- Whole Foods Market sources coffee in the Lake Atitlan area of Guatemala through Allegro Coffee Company
- Whole Foods Market sources coffee in East Timor through Allegro Coffee Company
- 3.8 BILLION people live on less than $2 day. Microloans are making it possible for families to have food,, shelter, education, and are making sure that young people just like you have a better life.
- Many young people just like you are doing awesome things to help other people all around the world!
- Many schools have done an ornament project around the holiday season and sell the ornaments at their local Whole Foods Market or at their school. All of the money raised from the ornaments goes to Whole Planet Foundation to help people lift themselves out of poverty. (WFM covers the operating costs of Whole Planet Foundation so 100% of donations actually go to helping people living in poverty.)
- Would you all like to help?! Let’s make some change!