Christal Chung

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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

Christal Chung donated $295

Mar 08, 2014 02:25 PM

CIN LING JESSIE LAU donated $25

Mar 06, 2014 12:27 AM

Jessica So donated $15

Saying "Good luck with the cause, Christal! So proud of you, and can't wait to catch up with you soon :) have a very fruitful week in Honduras and tell me about it!"

Mar 05, 2014 06:34 PM

Matthew H Lui donated $20

Mar 05, 2014 03:43 AM

Park Tse donated $20

Mar 05, 2014 01:03 AM

Natalie J Hoe donated $55

Mar 03, 2014 01:10 PM

Raybourne Chui donated $60

Mar 02, 2014 05:13 PM

Yu Chen donated $20

Feb 28, 2014 01:17 PM

Albert Chen donated $20

Saying "Good luck with all the mosquitos.
-ABC"

Feb 28, 2014 09:53 AM

Rachel Ahn donated $15

Saying "<3 Go Christal!"

Feb 27, 2014 03:34 PM

Weronika Jurkiewicz donated $15

Feb 27, 2014 02:51 PM

Dalia Bessudo donated $10

Feb 23, 2014 02:57 PM

K Tai donated $40

Feb 23, 2014 02:41 PM

Willy Huang donated $15

Saying "Good luck!"

Feb 23, 2014 02:35 PM

Yashna Chugani donated $20

Saying "Christal! this sounds so exciting :) i wish you the best of luck on your trip!! I so wish my school had something like this. This is incredible what you are doing, so i hope my donation helps in anyway that it can

miss you loads

Yashna "

Feb 23, 2014 02:17 PM

Sara Kahng donated $10

Saying "Yayuyyyuuuyyyyyyyy do werk booobooo!"

Feb 22, 2014 12:59 PM

Elaine Liu donated $20

Saying "I don't have cash to bring to the fundrager tonight (: BUT I LOVE AND SUPPORT YOU CHRISTAL ANGEL <3"

Feb 21, 2014 11:17 PM

Y P Bernice Kong donated $40

Saying "keep up the great work x"

Feb 20, 2014 09:19 AM

Mei Han donated $10

Feb 19, 2014 04:01 PM

W S C Kwok donated $25

Saying "Good luck!! :)"

Feb 17, 2014 04:33 PM

Christal Chung donated $545

Feb 16, 2014 07:09 PM

Ming Lai Christal Chung donated $250

Jan 17, 2014 02:54 AM

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