Whole Planet Foundation Annual Campaign Will Alleviate Poverty for 93,800 People
Annual Prosperity Campaign raises $3 million for microcredit
Whole Foods Market shoppers, employees and supplier partners raised $3,093,993 during the Whole Planet Foundation 2018 Prosperity Campaign in March. One hundred percent of these funds will be disbursed to microfinance partners around the globe to alleviate poverty for the world's poorest people - mostly women - through microcredit loans. Given the average first loan size of $182 across 71 countries where the grocer trades, these funds will support 93,800 people - microentrepreneurs and their family members - with the opportunity for a better life.
Microcredit is small loans with no formal collateral or contract, provided to microentrepreneurs to create or grow a home-based business for the chance to pull themselves and their families out of poverty. Watch Rupa's story to understand how it works from the perspective of a microcredit client herself.
$100,000 Fund members include:
- Allegro Coffee Company
- Chobani
- Frontier Co-op
- Living on One
- Naked Juice
- Papyrus-Recycled Greetings
- Wallaby
$50,000 donors include:
- Alaffia
- Bonafide Provisions
- Boulder Brands
- Frontera
- Hain Celestial
- Hiball Energy
- IZZE
- ORGANIC INDIA
- Sambazon
- Seventh Generation
- Traditional Medicinals
- Weleda
Thanks to all who contributed to the Whole Planet Foundation's Annual Prosperity Campaign. Because of this generosity, Whole Planet Foundation can power the potential of entrepreneurs around the globe and support 93,800 people with the opportunity to work toward a better life.
