Huiyuan Li

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End Date: Jan 15, 2016 12:00 AM
Volunteer Activity Message

Global Brigades offers 7 day Business Brigades in Panama throughout the year. Business Brigades volunteers empowers rural communities in Panama, without access to financial services and business guidance, by providing micro-enterprise counseling, financial planning assistance and strategic investment. During the brigade, volunteers divide into small groups to conduct client visits in which they get to know the client, assess each client’s level of financial competency, entrepreneurial aspirations, and/or business knowledge. Volunteers then provide educational and capacity building assistance in the form of workshops. Topics range from personal finance to basic accounting and business planning.

Additionally, volunteers invest in the community bank 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 clients benefit by learning personal financial and business skills and gain access to credit and savings opportunities. Community businesses benefit from the counseling and better access to credit. The community benefits because the profits earned by the community bank stay in the community to be used by the community! Between brigades our in-country team maintains relationships with the community bank and borrowers to provide follow-up and measure outcomes.

Volunteer Goals

Program Goal: $0.00 / Airfare Goal: $0.00

[Org. Admin] Erika Amador donated $-20

Saying "Transfer to UIUC Microfinance Brigade May 2016 Honduras"

Mar 17, 2016 10:54 AM

Huiyuan Li donated $20

Mar 16, 2016 03:56 PM

[Org. Admin] Erika Amador donated $-830

Saying "Transfer to University of Illinois at Urbana-Champaign Microfinance Brigades May 2016 Honduras"

Mar 16, 2016 09:26 AM

Huiyuan Li donated $690

Nov 30, 2015 05:21 PM

Li Huiyuan donated $10

Nov 23, 2015 08:46 PM

Li Huiyuan donated $340

Nov 20, 2015 07:37 PM

Huiyuan Li donated $550

Oct 17, 2015 03:39 PM

Huiyuan Li donated $100

Oct 04, 2015 09:47 PM

50% Complete (success)
$860.00

of $1,690.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
29

of 15

volunteers needed to reach the Initiative Goal