Joseph Kim

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End Date: May 25, 2013 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

Organization Admin donated $-43

Saying "Transfer to James Ding UT Austin"

May 17, 2013 01:24 PM

Judy Yun donated $100

Saying "Sounds like a wonderful program. Good luck to your group!
"

Apr 15, 2013 06:48 PM

Susan Kim donated $200

Saying "Good Luck Joseph! Love, Aunt Lee, Susan, Warren and Paul."

Apr 08, 2013 03:41 PM

Jai Yun donated $200

Saying "Wish you a successful learning experiences. We are proud of what you are doing. Good luck. Imohalmoni & Harabogi"

Apr 08, 2013 08:11 AM

Joseph Kim donated $790

Apr 07, 2013 07:24 PM

Hyungsuk Kim donated $50

Saying "Good luck man... make us proud :)"

Apr 07, 2013 04:41 PM

KIM HONG donated $200

Saying "Hi Joseph,

Uncle Jason & I are very proud of you, and we wish you all the best!

Love,

Aunt Hye-Ja

"

Apr 07, 2013 09:53 AM

Helen Park donated $50

Saying "Good work Joseph"

Apr 07, 2013 09:10 AM

Charles See donated $20

Apr 06, 2013 08:27 PM

100% Complete (success)
$1,567.40

of $1,567.00

in donations needed to reach the Initiative Goal


Complete

Thank you for your support!

100% Complete (success)
23

of 20

volunteers needed to reach the Initiative Goal