Heatherly Razo

Passionate About:

Business.

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End Date: Jun 24, 2014 12:00 AM
Volunteer Activity Message

UCR 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

[Org. Admin] Nancy Amador donated $224

Saying "Ch 1005947 The Walt Disney Company Foundation
"

Jul 17, 2014 02:21 PM

[Org. Admin] Nancy Amador donated $-250

Saying "Transfer to individuals"

May 13, 2014 09:14 AM

Heatherly Razo donated $250

Saying "Looking forward to making a difference in other's lives by sharing my knowledge of business and accounting.
I appreciate the support and any amount of donation to achieve my goal."

Feb 21, 2014 10:20 AM

100% Complete (success)
$224.00

of $0.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
10

of 0

volunteers needed to reach the Initiative Goal