Working Capital for Community Needs

Working Capital for Community Needs (WCCN) is a thirty-year-old nonprofit organization whose mission is to create opportunities to improve the lives and communities of the working poor in Latin America. WCCN works to alleviate poverty through the promotion of economic development, fair trade initiatives, access to markets, credit, and other financial and non-financial services for underserved sectors.

The organization channels funds from socially responsible donors and investors to Latin American organizations that provide credit and access to international markets to the end borrower: marginalized people. Their work targets communities in Nicaragua, Guatemala, Ecuador, El Salvador, Honduras, and Peru. Without access to credit, most Latin American agricultural producers and small businesses cannot survive, much less expand production, which is where WCCN comes in.

Partners for the Common Good’s relationship with WCCN began in the ‘90s, with its predecessor receiving four loans totaling $350,000. PCG now provides $300,000 to the Capital for Communities Fund project to enable WCCN to expand its lending efforts.

Address: 

Madison , WI
US

PCG Loan Amount: 

$300 000

Total Loan Amount: 

$300 000

Our NMTC Projects

Community Facilities, Healthcare, NMTC
Philadelphia, Pennsylvania
Impact Summary

$5 million NMTC allocation funds medical center for low-income Philadelphia seniors.

Participating Lenders:
None
Community Facilities, NMTC
Chicago, Illinois
Impact Summary

$6 million NMTC allocation helps build new small food business incubator in Chicago.

Participating Lenders:
None
Community Facilities, Education, NMTC
Little Rock, Arkansas
Impact Summary

$7 million NMTC allocation helps construct Little Rock charter elementary and middle school for 1,245 students.

Participating Lenders:
None

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