Ariel Jao

Los Angeles

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End Date: Mar 29, 2013 12:00 AM
Volunteer Activity Message

UCLA volunteers will spend 7 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

Ariel Jao donated $237

Mar 03, 2013 12:53 PM

Alexander Ma donated $50

Saying "Only cause you made me :)
Good luck with reaching your goal buddy!
--Alex"

Mar 02, 2013 03:41 AM

Anonymous donated $40

Mar 01, 2013 06:21 PM

Anonymous donated $30

Saying "<3 ;) B. Ivy doe "

Mar 01, 2013 04:36 PM

Philip Orr donated $20

Mar 01, 2013 02:27 PM

Jessica Gee donated $20

Saying "Happy travels roomie! :) Best of luck to you!
-Jess "

Mar 01, 2013 02:09 PM

Francis Delos Reyes donated $20

Mar 01, 2013 01:57 PM

Ji Hae Byun donated $20

Saying "This is such an amazing opportunity and am excited for you!!"

Feb 27, 2013 12:03 PM

Ariel Jao donated $250

Feb 24, 2013 11:09 PM

Ariel Jao donated $245

Feb 22, 2013 01:02 PM

Amanda Lie donated $25

Feb 09, 2013 02:07 PM

Anonymous donated $20

Saying "For my little <3"

Jan 30, 2013 03:35 PM

Anonymous donated $20

Saying "PAAANNNAAAAMAAAAA"

Jan 30, 2013 12:09 AM

Julien Debonnet donated $30

Saying "Gotchu pbro :)"

Jan 29, 2013 12:29 AM

Gordon Xu donated $50

Jan 28, 2013 02:29 AM

Aditya Chellaram donated $10

Jan 27, 2013 08:26 PM

Amanda Lin donated $50

Saying "So freaaaakin proud that you're my sissy<3"

Jan 23, 2013 12:42 AM

Ariel Jao donated $250

Dec 22, 2012 09:15 PM

100% Complete (success)
$1,387.00

of $1,387.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
16

of 15

volunteers needed to reach the Initiative Goal