GIVEAWAY: WHOLE PLANET FOUNDATION TO RAISE AWARENESS ABOUT MICROCREDIT LOANS
This week’s post is sponsored by Whole Planet Foundation, a Whole Foods Market nonprofit organization. The Foundation funds microcredit loans to stimulate economies in 68 countries, including the United States. Since 2005, Whole Planet Foundation has given 1.5 million loans to mostly women entrepreneurs.
***To enter to win a Whole Planet Foundation re-useable bag and their Liberation Soup cookbook, scroll down to the bottom and enter your name info the form***
There are a lot of different organizations that work to alleviate poverty in countries around the world, and Whole Planet Foundation is one of them.
I’m really excited to share about the work Whole Planet Foundation is doing, which you may have heard about when checking out at Whole Foods Market stores.
Whole Planet Foundation is a nonprofit 501c(3), that raises money through partnerships, individual donations, and the sale of their Liberation Soup cookbook to provide loan capital to microfinance partner companies. These partner companies work on the ground to loan money and provide resources to entrepreneurs to help start and grow businesses. (100% of Whole Planet Foundation’s overhead costs are covered by Whole Foods Market, allowing 100% of donations to go to loans.)
In a world where so many organizations, from the goodness of their hearts, try to fix issues related to poverty by coming in and giving food or clothing away for free, I think it’s good to highlight programs that work to stimulate economies from the ground up. By loaning money to motivated people who lack access to capital, we can foster an environment for people to step into their own power, contribute to society in a meaningful way, and provide for their families in a way that makes them proud.
Whole Planet Foundation’s work, often referred to as ‘microfinance’, is super important because in developing countries it’s very common for people to face huge barriers to obtain even the smallest of loans that would help them get started in growing a business. (If you’re unfamiliar with microfinance, perhaps you’re familiar with Kiva, Kickstarter, Indiegogo or GoFundMe which are also platforms for people to raise money to fund their projects).
To date, Whole Planet Foundation, along with their partners, have supplied 58 million dollars in microloans to over 1.5 million families – 87% of clients are female, with an unprecedented repayment rate of 97%. For individual stories about the entrepreneurs who they are helping, visit their Who We Support page.
What’s even cooler is that every dollar re-paid is loaned out again and again, so you’re gift keeps on giving.
And because I love what WPF has to offer – I am thrilled to announce a giveaway! Enter your name in the form below for a chance to win a copy of Liberation Soup and a Whole Planet Foundation re-useable grocery bag.