Arianna Calderon

Panama City, Panama

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2

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End Date: Mar 31, 2012 09:59 PM
Volunteer Activity Message

UCLA volunteers will spend 8 days in a rural community in Panama to help provide solutions to the community’s economic needs. The target beneficiaries have been previously excluded from formal financial institutions & therefore lacked access to savings and credit opportunities. Beneficiaries tend to have a low level of income, lack of collateral, & low level of education. During the brigade, volunteers divide into small groups to conduct household visits in which they get to know the family, assess each household’s level of financial competency and entrepreneurial aspirations. After the assessments the volunteers provide educational and technical assistance in the form of workshops. Topics range from personal finance to basic accounting and business planning. Additionally, volunteers invest in the community savings and loan (S&L) cooperative by providing seed capital. In turn, the seed capital provides loans to a small business to either expand current operations or pursue a new entrepreneurial opportunity. Working side-by-side with community members affords volunteers the opportunity for cultural exchange, micro-finance, and consulting experience. The households benefit by learning personal financial and business skills and gain access to credit and savings opportunities. Community businesses benefit from the consulting and loans. The community benefits because the profits earned by the S&L stay in the community to be used by the community!

Volunteer Goals

Program Goal: $0.00 / Airfare Goal: $0.00

Anonymous donated $16

Mar 24, 2012 02:51 AM

Anonymous donated $335

Mar 11, 2012 09:03 PM

Amanda Jones donated $25

Saying "Good luck and have a great adventure!"

Mar 08, 2012 09:20 AM

Organization Admin donated $250

Saying "Transfer from Amber Burga"

Mar 08, 2012 08:28 AM

Anonymous donated $50

Mar 07, 2012 09:35 PM

omar aslam donated $75

Mar 06, 2012 04:52 PM

Asad Ramzanali donated $15

Saying "Good luck!"

Mar 04, 2012 11:18 PM

Anonymous donated $305

Feb 15, 2012 12:03 AM

Global Business Brigades donated $15

Saying "bake sale"

Feb 14, 2012 07:57 PM

Organization Admin donated $250

Saying "Transfer from Richard Fan"

Feb 10, 2012 08:22 AM

Arianna M. Calderon donated $250

Jan 23, 2012 11:21 PM

100% Complete (success)
$1,586.00

of $1,586.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
15

of 15

volunteers needed to reach the Initiative Goal