Meilinda Huang

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End Date: Mar 27, 2012 10:00 PM
Volunteer Activity Message

LSE volunteers will spend 10 days in a rural community in Panama 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

Emma Stachowicz donated £15

Mar 12, 2012 01:16 PM

Aseem Grover donated £137

Mar 12, 2012 11:00 AM

Alison Eng donated £100

Saying "Hope you have a great trip!"

Mar 12, 2012 02:34 AM

Kevin Shi donated £100

Saying "Very small contribution relative to yours. Thanks for everything.

Kevin and Brenda"

Mar 11, 2012 11:05 PM

Elizabeth Feuille donated £20

Mar 11, 2012 07:30 PM

Amie Shao donated £50

Saying "Mei, hope you have a wonderful adventure!"

Mar 08, 2012 07:56 AM

Organization Admin donated £25

Saying "Transfer from club account"

Mar 05, 2012 10:20 AM

Elizabeth A Ingrassia donated £13

Mar 04, 2012 03:13 PM

Jason Eng donated £35

Mar 03, 2012 04:29 PM

Adam Lipski donated £80

Mar 02, 2012 05:55 PM

Brian G Chow donated £120

Feb 27, 2012 10:33 PM

100% Complete (success)
£694.63

of £680.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
16

of 15

volunteers needed to reach the Initiative Goal