Jenny Chen

Boston, MA

Passionate About:

Volunteering, traveling

SHARE THIS PAGE

$

1,632

Fundraised

1

Initiatives

Highlighted Initiative

Boston University Business Brigade May 2015 Panama



Jenny's Message

Hi everyone, my name is Jenny. As some of you might know, I love going to new places, seeing new things and meeting new people. There's nothing quite like striking up a conversation with someone on your flight back, or seeing the sunset from the other side of the world.

This summer, with Boston University Business Brigades, I hope to go to Panama. Our mission there is to help communities help themselves. We will be helping members of the village become financially literate, and also help them grow their small businesses through the process of micro-financing. We will also help them set up a community bank.

Through this opportunity, I hope to be able to combine my love of meeting new people and seeing new places. Unfortunately, opportunities like this don't come very cheap - so any and all donations and support would be very welcomed and appreciated.

Thank you!

Volunteer Activity Description

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.

100% Complete (success)
$1,632.00

of $1,632.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
17

of 15

volunteers needed to reach the Initiative Goal


Live Feed
Wenjie Chen donated $832.0000 to Jenny 3665 days ago
Wenjie Chen donated $550.0000 to Jenny 3700 days ago
Wenjie Chen donated $150.0000 to Jenny 3746 days ago
Thaddeus Chua donated $100.0000 to Jenny 3750 days ago
Jenny Chen joined Empowered.org 3778 days ago
All Initiatives
Sort By: Past Upcoming
Loading initiatives ...
Date Initiative Name Donation Progress
No initiatives found.