It is the overall goal of WFM Frisco to raise $3000 for Whole Planet Foundation during this years foundation donation drive. As always, any amount raised goes towards helping those in need worldwide, and furthering our mission of supporting local and global communities.
Whole Planet Foundation (WPF) is a manifestation of Whole Foods Market’s (WFM) core value; “We serve and support our local and global communities.” Whole Planet Foundation’s mission is to empower the world’s poorest people with microcredit, giving them a chance to create or expand a home-based business to lift themselves and their families out of poverty. WPF alleviates poverty around the globe by funding small loans, called microcredit, usually under $200, to impoverished entrepreneurs in countries that supply WFM stores with product. We focus on women as they traditionally have the least access to financial services and tend to use their profits to feed and educate their children, lifting up the entire community.
Current Fast facts about Whole Planet Foundation:
• WPF has funded microcredit (small loans) in 78 countries
• WPF has funded microcredit in 20 US cities
• The average first loan that WPF funds through microlending partners is $174
• 93% of the loans are repaid to our microlending partners
• 89% of the loans are to women
• WPF has supported more than 26 million opportunities for entrepreneurs and their families
