One benefit of Global Links’ model is that they are able to sustainably help thousands of impoverished people across Latin America. The importance of this work can not be overstated, and the effect Global Links has on impoverished communities is truly remarkable. However, one limitation of their model is their reliance on volunteer labor. This means that during the summer, the quantity of goods that can be sorted and shipped is diminished. The amount of goods that are sent to impoverished communities ebbs and flows with the quantity of volunteers that the business has.
Due to the sheer volume of medical surplus, Global Links has no problems getting donations. There is always an opportunity to get more donations by just contacting the businesses. There is no economic incentive for hospitals and other medical centers to throw away their goods, so Global Links is a pathway for those products to get to the correct people. However, supply chains are a challenge that Global Links faces on a day-to-day basis. Goods are commonly shipped in freight containers on ships. Recently, many ports have been struggling to keep up with the demand for shipping. This results in longer shipping times and higher shipping expenses for Global Links.
I am very interested in the opportunity to learn finance from the perspective of a non-profit. The funding challenges that face these businesses would make an internship an incredibly valuable learning experience. Further, I would be able to learn about grants and other forms of funding that are available to nonprofit and for-profit businesses alike. This knowledge would be invaluable if I pursue an entrepreneurial route in the future.