Ethical Investments Through Common Good Trust

by Highland Support Project
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust
Ethical Investments Through Common Good Trust

Summary

Nonprofit philanthropy should contribute more than marginal economic improvements. A more holistic approach is needed for transformational outcomes, enabling marginalized groups to sustain their own economic prosperity. Through micro-investment, partners are in a cooperative partnership, rather than a lender-borrower relationship, with small-business entrepreneurs. Common Good Trust is a co-op holding company that will facilitate micro-investments in small businesses in the US and Guatemala.

$425,000
total goal
$421,450
remaining
3
donors
0
monthly donors
1
fundraiser
15
days

Challenge

Economics studies have agreed that micro-lending has produced marginally positive effects, but has been far less transformative than initially suspected. While micro-loans can have some positive short-term effects like increasing business activities, they seldom led to profit increases in existing businesses. Additionally, micro-lending has not proven to increase income or consumption in the long run for the average borrower.

Solution

Highland Support Project is creating this co-op holding company to facilitate micro-investment in Guatemalan/US small businesses. In addition to direct investment in these companies, the co-op would supply personalized training, technology, and administrative support. It could additionally expand demand by opening access to markets in the U.S. and internationally through e-commerce. As a direct opposition to micro-lending, micro-investing will provide more accessible funds without fewer risks.

Long-Term Impact

Cooperative investment divides financial risks, empowering entrepreneurs to take chances tweaking business plans and developing skills to boost their income in the long run, a more sustainable approach to long-term wealth creation. Micro-investing through Common Good Trust will limit risk to business owners encouraging more robust involvement in the formal market ultimately leading to sustainable economic growth.

Resources

Organization Information

Highland Support Project

Location: Richmond, VA - USA
Website:
Facebook: Facebook Page
Twitter: @HighlandPartnrs
Project Leader:
Alyssa Ondarza
Richmond, VA United States
$3,550 raised of $425,000 goal
 
3 donations
$421,450 to go
Donate Now
lock
Donating through GlobalGiving is safe, secure, and easy with many payment options to choose from. View other ways to donate

Highland Support Project has earned this recognition on GlobalGiving:

Help raise money!

Support this important cause by creating a personalized fundraising page.

Start a Fundraiser

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.