Christal Chung

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Highlighted Initiative

UCLA Business Brigades March 2014 Honduras



Christal 's Message

Hello dear friends and family,

Welcome to my fundraising page for my volunteer trip to Honduras with UCLA Global Business Brigades!

As a trip that brings together my passion for travelling and community service as well as experience with teaching high school students to help raise financial literacy levels, I'm extremely excited to be going on this Business Brigade and look forward to working with the community members in Honduras.

To support the work that I'm doing through donations, please click on the bright orange 'Donate' button on the right :D Any size of donation will be greatly appreciated :) (You can select: Make a donation on behalf of a volunteer (Christal Chung) or donate to Global Business Brigades in general. If you donate via e-check there's no transaction fee!)

Thank you!

Volunteer Activity Description

UCLA Business Brigade volunteers will spend 7 days in a rural community in Honduras 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!

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$1,545.00

of $1,545.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
20

of 20

volunteers needed to reach the Initiative Goal


Live Feed
Christal Chung donated $295.00 to Christal Chung 4048 days ago
CIN LING JESSIE LAU donated $25.0000 to Christal 4051 days ago
Jessica So donated $15.0000 to Christal 4051 days ago
Matthew H Lui donated $20.0000 to Christal 4052 days ago
Park Tse donated $20.0000 to Christal 4052 days ago
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