LOS ANGELES, CA Monday Oct.1.2007 /netmusiccountdown.com/ -- Shakira is donating $40 million to help rebuild areas in Peru and Nicaragua after being struck by natural disasters.

The singer will donate the money through Latin America for Solidarity Foundation (ALAS) which she co-founded with Nobel Prize winning author Gabriel Garcia Marquez.

Shakira says, "I've seen first-hand many of the challenges facing Latin America. These are challenging problems that no one person can address, but working together everyone can help make a difference."

The organization also plans to put $5 million into a three-year project helping children in those areas.

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