whole planet foundation
TRANSCRIPT
Whole Planet Foundation
sells food from all over the world, like Bananas from Costa
Rica
They sell blueberries from
Argentina.
They also sell rice from the foothills of
the Himalayas.
Microcredit- How It Works
A small amount of money is loaned to a person in poverty who wants to start or grow a
business, but doesn’t have any money to do so.
Microcredit- How It Works
The person uses the money to purchase something to help their business, like a sewing machine to make clothes
Microcredit- How It Works
The person can then sell a product, and because she is making money, she can afford to do things such as feed and clothe her family and send her kids to school
Microcredit- How It WorksThe person will pay back the loan, and then that money can go to other people in poverty to help them start a business too! Money that is contributed to microloans are donations that keep on giving!
Why Microcredit?
Why not food ?
Where do we fund microcredit?
Warke, Ethopia
Warke received a loan of $75 to fatten a cow and sold it for profit.
Warke, Ethopia
Warke built up her money and now has many cows and is able to send
her son to college. Warke is changing her son’s life so that he and his family may not live in poverty
Bindu, India
Bindu used her loan to start a shop to sell stationary, food and more.
Bindu, India
Bindu is working towards her dream to have a good house,
an education, and a better future for herself and her two
children.
Teresa used her loan to buy thread and other materials to
make and decorate hand crafts like this basket
Teresa, Guatemala
Teresa uses her profit to buy more materials and make sure
her family has a good life.
Teresa, Guatemala
Rosalina used her loan to start a produce business. She sells
soybeans, carrots, and potatoes in a local market
Rosalina, East Timor
Her business has grown, and now Roslina’s five children can
all attend school.
Rosalina, East Timor
Nepal Senegal
Ethiopia
Why Is Microcredit Important?
3.8 BILLION people live on less than $2 a day.
How To Help
• Teach people about what you learned• Help make ornaments to sell in WFM stores• Work with your class to find another way to help
Ornament Project
