Join the 15,000 individuals who support poverty alleviation through microcredit every month. By joining Whole Planet Foundation’s Family Fund, your recurring monthly gift will provide one or more microloans to entrepreneurs around the world over time.
$15.40 per month supports one family with the opportunity for a better life in one year. Sign up as a Family Fund member between now and December 31 to receive a Whole Planet Foundation tote bag and a coupon for a free jar of Justin’s Nut Butter! Justin’s will match donations up to $2000 to the Family Fund until 12/31.
A Microloan Helps a Whole Family
Through a small loan, a borrower gives opportunities to her family members – whether it’s through education, improved sanitation and living conditions, or the opportunity to participate in the family business.
Elli, pictured here with her children, is a member of Whole Planet Foundation’s partner MicroLoan Foundation in Zambia. She belongs to the 17-member Lutusrne Loan Group. Lutusrne means “let’s help each other.” At the moment, the group is managing their second cycle and just completed their 4th repayment. Elli is group secretary. Her first microloan of 700 ZMW (≈$60 USD) enabled her to invest in bulk purchases of food — small dried fish, beans, rice, and cooking oil.
Elli is now managing a loan of 1000 ZMW (≈$84). This second loan allowed her to add tomatoes and charcoal to her market offerings. This cycle she estimates that she will earn 250 ZMW in profit alone. She travels to Lusaka twice a month to restock her market stand. Her oldest son (not pictured above) is enrolled in a technical course at a local college and Elli appreciates that she is able to finance her son’s education.
Growing up in a small mountain town in Pennsylvania, Justin Gold’s family owned and operated a small natural foods store where he acquired an early awareness, education and appreciation for natural foods. Starting with frustration for lack of taste and variety in his vegetarian diet, Justin’s entrepreneurial drive led him to create delicious nut butters in his home kitchen.
In 2007, Justin’s was the first of Whole Foods Market’s Local Producer Loan recipients in the grocer’s Rocky Mountain Region. Justin Gold, CEO and founder of explains, “Because of the loan and support of Whole Foods Market, I was able to grow with Whole Foods Market nationally. Becoming the founding member of the Microloan-a-Month program [with Whole Planet Foundation] was a way for us to show our appreciation and also help people and businesses around the world; helping give others the help we were given.”
In the spirit of entrepreneurship and paying it forward, Justin’s funds a microloan a month for Whole Planet Foundation, which in turn will be loaned to entrepreneurs like Elli in the developing world.
Double Your Impact with Justin’s
In honor of #GivingTuesday, Justin’s will kick off matching dollars to the Family Fund up to $2000 starting on 11/29. So give now to double your impact!
You can join the Family Fund starting at $15.40 per month. If you join before December 31, opt in to receive a Whole Planet Foundation branded tote bag and a coupon for a free jar of your favorite flavor of Justin’s Nut Butter*. Yum!
100% of your donation funds the dream of an entrepreneur in one of the 68 countries where Whole Planet Foundation funds microcredit loans, as Whole Foods Market covers all operating costs of the Foundation. Join the family today.
*USA only. Promotion ends 12/31/16
It seems the microloans can be used for US individuals as well as international? I am not sure many know about this offer – I didn’t until I read this. how do those living in poverty who have an idea know they can ask about a loan?
Hi Andea, we are currently working in 14 US cities with partners Grameen America, Lift Fund, Solidarity Microfinance and the IRC. Whole Planet Foundation does not provide individual loans directly but rather provides capital to our microfinance partners that is then lent to borrowers in 69 countries, including the US. You can learn more about how to apply for a loan here in the US at http://www.grameenamerica.org, http://www.liftfund.com, http://www.solidaritymicrofinance.com, and http://www.rescue.org. Availability will depend on where you’re located. Thank you for your interest!