Steven Vong

UCLA

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Mar 24	Volunteer Activity: March 2012 UCLA Business Brigade

March 2012 UCLA Business Brigade

End Date: Mar 31, 2012 09:59 PM

Volunteer Activity Message

UCLA volunteers will spend 8 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

monik c taing donated $50

Mar 27, 2012 01:51 PM

Sheila Nem donated $10

Saying "Good luck, Steven!"

Mar 12, 2012 11:54 AM

Anonymous donated $484

Mar 12, 2012 01:47 AM

Vijay N. Reddy donated $20

Mar 10, 2012 05:44 PM

Michelle Be donated $6

Mar 08, 2012 10:56 AM

Karina Garcia donated $21

Mar 07, 2012 11:17 PM

Ee Von Ong donated $21

Mar 06, 2012 04:30 PM

suzy strutner donated $21

Saying "boba!!"

Mar 06, 2012 12:28 PM

Arianna M. Calderon donated $21

Mar 06, 2012 07:42 AM

Andrew Quan donated $20

Saying "I hope your trip goes well! Be safe and take care of yourself. Keep an open mind and let the trip change you just as much as you hope to change the lives of the people you are helping."

Mar 03, 2012 02:51 PM

Brooke Cook donated $30

Saying "What a great cause, Steven! I'm so happy to help you out :) Miss you!"

Mar 02, 2012 05:47 PM

Keith Fichtelman donated $40

Mar 02, 2012 10:14 AM

Rosa L Chiu donated $25

Saying "Yayy Steven!! I hope you have an amazing time in Panama! :)"

Mar 01, 2012 11:04 PM

Shwetha Mariadassou donated $20

Saying "This is such a great thing you're doing :)"

Mar 01, 2012 07:22 PM

Jason Wang donated $21

Feb 28, 2012 11:56 PM

Anonymous donated $557

Feb 14, 2012 08:26 PM

Global Business Brigades donated $13

Saying "bake sale"

Feb 14, 2012 07:53 PM

Steven Vong donated $250

Jan 26, 2012 12:57 PM

$1,629.60

of $1,585.00

in donations needed to reach the Initiative Goal

Complete

Thank you for your support!

of 15

volunteers needed to reach the Initiative Goal