Supporting 200 Guatemalan Businesswomen

Summary

200 Women will receive small loans to invest in their micro-enterprises which will help to reduce costs while increasing inventory with profits used to support family expenses.

How Donors Like You Helped

Thanks to donors like you, a total of $275 was raised for this project.

Received $275 from 2 donations from people like:

Erin
(Anon.)

More Information About this Project

Project Needs and Beneficiaries

The shortage of jobs paying a livable wage in the Lake Atitlan region of Guatemala forces women to be self-reliant. The project supports microenterprise through small, collateral-free loans allowing women to capitalize on their skills. This creates the potential to generate greater profits to cover familial expenses and invest in their children’s education. Our goal is to give these women the opportunity to empower themselves by creating their own prosperity facilitated by the access to capital.

Activities

The project provides women with the opportunity to invest in their micro-enterprises, which generate essential income for families to afford the basic necessities as well as provide a better future for their children through education.

Funding Information

Total Funding Received to Date: $275

Funding Information

This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Progress Report" tab as they become available.

Donors' contributions and pledges to this project totaled $275.  The original project funding goal was $30,000.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

Potential Long Term Impact

In 2 years, the project will reach nearly 10,000 women and with your contribution, the goal will be to offer financial services to even more poor women and contribute to the eradication of poverty and creation of prosperity in the region.

Project Message

It is a terrible thing to have over 3 billion people living on this planet living in abject poverty, I believe we have a responsibility to do what we can to help eliminate poverty on the Planet Earth.
- John Mackey, CEO and Co-Founder of Whole Foods Market

Who is Running This Project

Contact

Steve Wanta,
Field Project Manager
550 Bowie St.
Austin, TX 78703
United States
5125420110
Email:

Project Sponsor

Whole Planet Foundation

Organization

Whole Planet Foundation A Whole Foods Foundation
550 Bowie St
Austin, TX 78703
United States
5125420110
http://www.wholeplanetfoundation.org

Learn more about Whole Planet Foundation A Whole Foods Foundation and the project team.


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Where this Project is Located

Country

This project is located in Guatemala and can also be found under Economic Development.

For more information about Guatemala, read the Human Development Report on Guatemala or the Wikipedia entry for Guatemala.

When this Project was Updated

Last Updated

This project was last updated on August 14, 2007.

Date Added to GlobalGiving

This project was added to the GlobalGiving project catalog on August 09, 2007.