Economic Empowerment CSR News

How You Can Make an Impact with a $10 Donation to Whole Planet Foundation

Multimedia with summary

Whole Planet Foundation is a Whole Foods Market non-profit dedicated to alleviating poverty through microcredit around the globe in countries that supply stores with products.  Currently, that's 25 communities in 19 cities in the Unitest States and 76 other countries. Microcredit is small loans - the current average first loan size is $174 - with no formal contract or collateral, provided to low-income entrepreneurs to create or expand a small business, mostly home-based, for the opportunity to generate income and lift themselves and their families out of poverty. 

Biogen Moves $10 Million To Black-Owned OneUnited, Joining the Fortune 500 Trend To 'Bank Black'

By Jen Wieczner
Article

Moving money to Black-owned or Black-led financial institutions is officially a Fortune 500 trend. Biogen, the Boston-based biotech company working on a treatment for Alzheimer’s disease, is depositing $10 million of its capital into OneUnited, a national Black-owned bank, the company said Thursday morning.

Fifth Third Bank Joins HBCU Partnership Challenge

Press Release

CINCINNATI, September 3, 2020 /3BL Media/ – Fifth Third Bank, National Association, today announced that it has joined the Historically Black Colleges and Universities Partnership Challenge, sponsored by the HBCU Caucus. The bipartisan initiative strengthens public-private investments in HBCUs to ensure their future sustainability, increase career prospects for their students, and advance diversity and inclusion within all sectors of employment.

Realtors Reducing Poverty: Tony Sells SLC

Blog

Whole Planet Foundation has been supported by Tony Huston since 2014. Tony was instrumental in his former employer showing up one day to the Whole Foods Market headquarters office in Austin, Texas with a Big Check made out to Whole Planet Foundation for $100,000.  He had heard about Whole Planet Foundation impact from Whole Foods Market team members and wanted to join them and other stakeholders in alleviating poverty in countries around the globe that supply stores with products.

How a Dog Daycare Owner Is Getting Back on Her Feet With a PayPal Empowerment Grant

Blog

Bridgett Jeffries has dedicated her life to caring for other people’s furry family members as if they were her own. The longtime animal shelter volunteer and proud parent to three dogs took a leap of faith in 2017 when she left her corporate job to open Café Wakefern, a dog daycare and boarding business, in Columbus, Ohio. She named her business after a café to evoke a “cozy, communal” coffee-shop feel, indicative of the safe and welcoming environment she creates for her canine customers.

Qualcomm Wireless Reach: Hapinoy Mobile Money Hubs

Article

In the Philippines, the use of 3G – enabled Android smartphones is empowering Nanay (Tagalog for “Mother”) entrepreneurs to become Mobile Money Agents. By offering this service through the Mobile Money Hubs program, Nanays in the Hapinoy sari-sari store program can generate additional income by providing quick and reliable remittance service in the convenience of their customer’s local neighborhood stores.

How Mastercard is Making a Difference

The 2019 Mastercard Corporate Sustainability Report outlines the company's progress towards building a more inclusive and sustainable digital economy. Looking ahead, our commitment is only growing.
Blog

PNC Commits $10M To Support Small Businesses In Pittsburgh

Community Development Banking program-related investment through the PNC Foundation aims to provide further economic relief to local minority-owned businesses and entrepreneurs
Press Release

PITTSBURGH, August 28, 2020 /3BL Media/ – Underserved Pittsburgh neighborhoods and struggling small business owners will benefit from three programs significantly supported through a $10 million program-related investment announced today by PNC Community Development Banking and the PNC Foundation

Why Women Start New Businesses: Reasons, Challenges, and Opportunities

Investing in women entrepreneurs is vital part of our global economy
Blog

More women are turning to entrepreneurship, and according to Herbalife Nutrition’s second annual Global Entrepreneurship survey, 72 percent of women want to open their own business. Women entrepreneurs create a source of income for themselves and their families. They are a vital part of our world's economic engine that society needs to support with flexible opportunities, mentorship, and access to capital.

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