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Working Capital for Community Needs

Working Capital for Community Needs

Working Capital for Community Needs

Founded in 1984, Working Capital for Community Needs (WCCN) is a nonprofit organization whose mission is to create opportunities for access to microfinance, services and markets to improve the lives and communities of the working poor in Latin America. WCCN empowers low-income Latin American entrepreneurs by sustaining partnerships with Microfinance Institutions (MFIs) and Farming Cooperatives in Ecuador, El Salvador, Honduras, Guatemala, Nicaragua and Peru.

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Industry:
Financial Services
Esc Factor:
Entrepreneurial
Exotic
Social Impact
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Working Capital for Community Needs

http://www.wccn.org

Madison, United States

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Founded in 1984, Working Capital for Community Needs (WCCN) is a nonprofit organization whose mission is to create opportunities for access to microfinance, services and markets to improve the lives and communities of the working poor in Latin America.  WCCN empowers low-income Latin American entrepreneurs by sustaining partnerships with Microfinance Institutions (MFIs) and Farming Cooperatives in Ecuador, El Salvador, Honduras, Guatemala, Nicaragua and Peru.

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Our values

Your investment makes you a partner and participant in international economic development. The people of Latin America are not asking for charity - just the opportunity to produce and earn a fair wage.

WCCN created The Capital for Communities Fund to address one of the root cause of poverty and social injustice, lack of credit for the poor and disenfranchised.

The Capital Communities Fund operates by channeling funds from socially responsible investors (you) to Latin American non-governmental organizations (partner agencies) that specialize in providing credit and access to international markets to marginalized sectors. These are self-sustaining, nonprofit microfinance institutions and cooperatives with years of experience lending to and working with the poor in Ecuador, El Salvador, Guatemala, Honduras, Nicaragua and Peru.

An investment in the Capital for Communities Fund serves many purposes. First, it responds to the very high demand for credit in Latin America. Also, it offers loans to low-income borrowers who cannot obtain credit from conventional sources. Finally, it enables you to become an active partner in the process of community-based economic development in Latin America.

Loans to farmers, cooperatives and small businesses benefit whole communities as funds circulate at the local level. A farmer, cooperative or small business that receives a loan buys goods and services and employs other people, furthering the community benefits of the loan.

Thus even a small investment can have a tremendous impact. Your loan can generate employment and allow Latin Americans to feed their families and contribute to their communities.

Visit our website, http://www.wccn.org, to learn how you can become an investor and find out other ways to get involved!

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