SOURCE: Whole Foods Market FoundationsDESCRIPTION:
Whole Planet Foundation's International Women’s Day virtual event during Women’s History Month had 600 participants come together during March to expand women’s opportunities through access to entrepreneurship.
Whole Planet Foundation’s mission is to empower the world’s poorest people – mostly women – with microcredit. Microcredit is small loans - the current first average loan size is $174 - requiring no formal contract or collateral, provided to low-income entrepreneurs for the chance to create or expand a business, often homebased. Whole Planet Foundation has been funding microbusinesses since 2006 and our portfolio consists of 89% women entrepreneurs who support families and communities with the profits generated by their own hard work. Thanks to our network of microfinance partners, Whole Planet Foundation is alleviating poverty in the United States and 76 other countries in Africa, Asia and Latin America.
The event was dedicated to expanding women’s opportunities through access to business capital. Thanks to the generosity of sponsors and participants, this Whole Planet Foundation event raised $48,125. Based on the first average loan size funded by the Foundation, these event proceeds will create 1,460 opportunities for microentrepreneurs and their family members to have the chance to escape poverty through microbusinesses.
We are grateful to Platinum Sponsors GOJO, Makers of PURELL™ and Ripple Foods, Gold Sponsor Honey Mama’s, Silver Sponsors Holle USA and Studio AZUL, and Bronze Sponsors Alo Drink, Bach Rescue, Coconut King, Fancypants Baking Co., Freestyle Languages, Genius Juice & Arte Wellness, Lundberg Family Farms, Nixie Sparkling Water, Shoes For Crews, Taylor Guitars and Urban Betty. Event partners include Planet LA Records, Manic Monkee and URSA Live.
Thank you to the companies and individual efforts that will collectively fund women entrepreneurs working hard to escape poverty!
Learn more at wholeplanetfoundation.org.
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KEYWORDS: Whole Foods Market Foundation, whole planet foundation, International Women’s Day virtual event, International Women’s Day