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The “Bank of Stuff” is a project carried out by the foundation “Hecha y Derecha”which works with women in rural communities, empowering them through leadership and entrepreneurship classes to identify ways in which they can generate an income out of their talents while improving a need in their communities.
After working for a year with the pilot group women from San Miguel, Panama, I carried out the first yard sale with the hope to provide funding to the projects these women. The successful outcome of the first yard sale led to a second yard sale in which I received more donations and was able to fund the projects drafted by the group of women in San Miguel. Seeing the potential of this project to make Hecha y Derecha auto sustainable while benefiting donors, the community and funding the projects of the women inspired me to develop it at a another level and to replicate this in all the future communities we´ll work with.
Vision: An established Bank of Stuff granting thousands of micro-loans to community development projects of entrepreneur women in rural areas.
Mision: to establish a Bank of Stuff that receives consistent donations of “stuff” and re-sells them in “mobile yard sales” in remote rural communities to raise money to give out micro-loans to community development projects carried out by the women in these areas.
Present a different option for people to recycle their unwanted “stuff”.
Sell the donations at low prices in rural areas providing them with access to cheaper goods.
Create micro-loans from the money raised in the yard sales.
Fund the projects that the women drafted in the leadership and entrepreneurship classes.
Prioritize funding to projects that will improve a need in the communities and will leave a long lasting impact of at least 50 people in the area.
Improve rural areas in developing countries through the empowerment and education of its women to become development agents in their communities.
(Full proposal attached in supporting documents)