Microlending and Raspberry Fields Tea

Posted on Updated on

Image

Checked out a bottle of Raspberry Fields Tea recently? Did you know each time you purchase a bottle you are supporting small business entrepreneurs in developing countries through our partnership with the Whole Planet Foundation?

The Whole Planet Foundation’s mission is poverty alleviation through microcredit in communities around the world that supply Whole Foods Market stores with products (us included!). Earlier this year we partnered with Whole Planet Foundation for the launch of our new Raspberry Fields Tea. A portion of each sale directly gives back to individuals who are taking brave steps as entrepreneurs in escaping the poverty cycle.

Microcredits are basically small loans with limited/no collateral provided to entrepreneurs who are looking to grow their unique business, yet lacking the basic infrastructure to do so.  Common purchases using microcredit include sewing machines for textiles, cooking supplies for a local restaurant owner, transportation vehicles and irrigation equipment for farmers.

According to Whole Planet Foundation, they have a repayment success rate of 96%. As of this year there are more than 70 projects in 54 countries around the world being impacted by the Whole Planet Foundation.  Some interesting facts include:

  • 90% of microcredit clients are female
  •  An estimated 1.4 million people are being supported through the Whole Planet Foundation microcredit funds.
  •  The average first loan size in the developing world is $162—which appears a small amount, but creates a large impact in a developing nation where dollars can go further.
  •  $34,570,574 funds have been committed for microcredit work through Whole Planet Foundation.

Pick up a bottle of Raspberry Fields today and help spread the word about microfinance empowerment! To read how you can get involved further check out: www.wholeplanetfoundation.org

Advertisements

3 thoughts on “Microlending and Raspberry Fields Tea

    Dexter said:
    July 29, 2013 at 3:31 pm

    With havin so much written content do you ever run into any problems of plagorism or copyright violation?
    My website has a lot of unique content I’ve either written myself or outsourced but it seems a lot of it is popping it up all over the internet without my agreement. Do you know any ways to help reduce content from being ripped off? I’d certainly appreciate it.

    Hugh Sinclair said:
    July 11, 2013 at 1:27 am

    Did Whole Planet Foundation tell you the interest rates these brave entrepreneurs are paying? What would you consider reasonable, for poverty alleviation? They seem capable of producing other statistics, what about the cost of a loan?

    beautycribtv.com said:
    April 27, 2013 at 12:07 pm

    Way cool! Some extremely valid points! I appreciate you writing this write-up and the rest
    of the site is really good.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s