Matthew Adams

UCLA

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End Date: Mar 29, 2014 12:00 AM
Volunteer Activity Message

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!

Volunteer Goals

Program Goal: $0.00 / Airfare Goal: $0.00

Matthew R Adams donated $5

Mar 09, 2014 09:23 PM

Matthew R Adams donated $80

Mar 09, 2014 09:21 PM

Dawn M. Godbehere donated $25

Saying "Go . . . Bruins!"

Mar 06, 2014 12:33 AM

Meghan Farley Varteressian donated $100

Saying "Happy birthday Mattie. We love you! Auntie Meg, Lexi and Alec. "

Feb 28, 2014 09:34 AM

Cara Schott donated $100

Feb 27, 2014 08:42 PM

Carolyn C. Bolinger Orr donated $100

Saying "Bon voyage Matt. I hope you can help someone and make a difference in his/her life and future. Have FUN!!!

Carleen & Terry Orr"

Feb 25, 2014 11:12 AM

Christine Smail donated $40

Saying "Good luck Matt!"

Feb 22, 2014 04:17 PM

Catherine BAdams donated $200

Feb 19, 2014 10:18 PM

Bradley Moore donated $25

Saying "Very proud of you, Matt, and I'm so glad to see you want to volunteer to help people. Good luck and God Bless,
Gina Moore and Family"

Feb 19, 2014 09:57 AM

Stacey Stansberry donated $75

Saying "Good Luck Matt. "

Feb 17, 2014 10:12 PM

Anonymous donated $320

Feb 16, 2014 05:22 PM

Lynn F Owens donated $50

Saying "I am very PROUD of you Matt! You will touch the lives of many and they will touch your life... Be safe and enjoy your experience! xo"

Feb 02, 2014 08:54 AM

Max Gardner donated $50

Jan 31, 2014 05:26 PM

Tamara D. Popek donated $25

Saying "Wonderful thing you are doing! Bruce & Tami Jones "

Jan 31, 2014 05:06 PM

Haley Morgan Adams donated $100

Jan 17, 2014 01:18 AM

Matthew R Adams donated $250

Jan 16, 2014 08:02 PM

100% Complete (success)
$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