Ethan Beschler

Stamford, CT

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End Date: Aug 23, 2014 12:00 AM
Volunteer Activity Message

Texas A&M volunteers will spend 7 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

[Org. Admin] Erika Amador donated $89

Saying "Ch 670962 GE Foundation (Robin James)"

Dec 05, 2014 08:31 AM

[Org. Admin] Erika Amador donated $44

Saying "Ch 670962 GE Foundation (Matt Zakrzewski)"

Dec 05, 2014 08:31 AM

[Org. Admin] Erika Amador donated $22

Saying "Ch 670962 GE Foundation (Linda Lucashu)"

Dec 05, 2014 08:30 AM

[Org. Admin] Erika Amador donated $89

Saying "Ch 670962 GE Foundation (Leslee Spadone)"

Dec 05, 2014 08:29 AM

[Org. Admin] Erika Amador donated $44

Saying "Ch 670962 GE Foundation (Joseph Cosentino)"

Dec 05, 2014 08:28 AM

[Org. Admin] Erika Amador donated $44

Saying "Ch 670962 GE Foundation (Jeffrey Palma)"

Dec 05, 2014 08:27 AM

[Org. Admin] Erika Amador donated $134

Saying "Ch 670962 GE Foundation (Jane Hackney)"

Dec 05, 2014 08:26 AM

[Org. Admin] Erika Amador donated $23

Saying "Ch 670962 GE Foundation (Dayanara Aviles)
"

Dec 05, 2014 08:24 AM

Barbara Wiederecht donated $100

Jul 28, 2014 09:20 AM

Joseph A Cosentino donated $50

Saying "Fight On ECB!"

Jul 25, 2014 09:03 AM

Jeffrey A Palma donated $50

Jul 21, 2014 12:50 PM

M Zakrzewski donated $50

Jul 14, 2014 02:18 PM

Vaidheesh Krishnamurti donated $50

Jul 14, 2014 07:05 AM

linda lucashu donated $25

Jul 10, 2014 07:37 AM

Dayanara Villarroel donated $25

Jul 08, 2014 01:41 PM

Luci C Pellegrino donated $100

Jul 08, 2014 12:20 PM

Robin James donated $100

Jul 08, 2014 08:26 AM

Leslee Spadone donated $100

Jul 08, 2014 08:20 AM

Jane E Hackney donated $150

Saying "sounds like a great program!"

Jul 08, 2014 08:06 AM

100% Complete (success)
$1,288.06

of $790.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
32

of 15

volunteers needed to reach the Initiative Goal