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Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from News Direct Corporation
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.

Good Culture Joins the Whole Planet Foundation Supplier Alliance for Microcredit

June 28, 2021 GMT

--News Direct--

For two weeks beginning June 23, supplier partners are supporting the Whole Planet Foundation Prosperity Campaign in select Whole Foods Market stores and  online  to alleviate poverty in countries that supply the company’s stores with products. 

Since 2006, Whole Planet Foundation has disbursed $92 million through microfinance partners in 78 countries in Africa, Asia and the Americas, including in 20 U.S. cities. Whole Planet Foundation collaborates with a wide network of microfinance organizations and supports entrepreneurs in some of the most marginalized and remote communities around the world, funding  4.9 million microloans and 26 million opportunities  for a better life for microentrepreneurs and their family members.

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“With a microcredit loan, an impoverished woman can generate income and lift up herself and her family. Each year, the generosity and support of Team Members, shoppers, suppliers and corporate partners provides life-changing opportunities for microentrepreneurs to generate income and lift themselves and their families out of poverty,” said Joy Stoddard, Whole Planet Foundation development and outreach director.  Because Whole Foods Market covers the foundation’s operational costs, 100% of every donation benefits microcredit clients.

Good Culture has committed $50,000 to Whole Planet Foundation. “Good Culture is honored to join forces with Whole Planet Foundation in support of their mission to alleviate poverty. This powerful alliance will provide more microloans to low-income entrepreneurs, empowering them to launch their own businesses and start a new life filled with opportunity. These small steps can create big change and we will continue to fight alongside Whole Planet Foundation to help others.” Jesse Merrill, Founder and CEO

Learn more about the transformative power of microcredit at  Whole Planet Foundation, and join Good Culture in the Prosperity Campaign online to fund essential businesses of women entrepreneurs worldwide. 

View additional multimedia and more ESG storytelling from Whole Foods Market Foundations on 3blmedia.com

View source version on newsdirect.com: https://newsdirect.com/news/good-culture-joins-the-whole-planet-foundation-supplier-alliance-for-microcredit-444023119