Microfinance is keeping my kids in school

Mina was married at the age of 15. Now, at 32, her and her husband have a daughter and two sons. She was from a poor farming family. She tells us her story. “I started a ‘Chatpat’ (a quick sour, chilly snack) selling business with an investment of about Rs. 2,000 (US$17) as that’s all my family could afford. I was able to earn around Rs. 1,000 (US$8) daily and although this was not much, it boosted my confidence. That was 6 years ago. I wanted to grow my business but I wasn’t able to get a loan.”

“A year ago, I learned about the My Business My Freedom (MBMF) program through  the visit of Laxmi (MBMF Project Manager). She explained that there was an opportunity for me to grow my business with a microloan through this project and the interest rate was low. I joined a group of 10 other women like me. After some training and mentoring, I was given my first loan of Rs. 30,000 (US$260) to expand my business. My income has doubled since then. I have even begun to save little by little for my children’s future. My daily income is now about Rs. 2,000 (US$17). My daughter also helps me in the business. I am now confident that I will be able to send my children to school and complete their education and I am able to manage household expenses better than before. The lessons taught to me by Laxmi has been very helpful to manage personal financial needs too.”

“The My Business My Freedom project has changed my life and I feel motivated when Laxmi comes to us and encourages us. I will continue in this business and grow it for many years to come.”

The My Business My Freedom project gives women who are stuck in the cycle of poverty, the opportunity to become self-sustainable. This is an important part of helping reduce the risk of her and her children falling prey to trafficking. 

Project Partners

    

CHINA | END POVERTY | LEAN, MEAN, VEGGIE MACHINES

Greenhouses for 40 single moms

The 2018 Greenhouse project brought greenhouses to 130 families across 3 different village locations. Mr Tserang is the Village leader of a project location where 40 families, mostly single moms, have benefited from this greenhouse project. He is a very responsible village leader and fully supportive of the project. There are 57 households in his village and another 63 families...




CAPTIVATING FOSTER FAMILY LOANS PROGRAMS | END POVERTY | KENYA

From Loss to Recovery

In celebration of International Women's Day (March 8), we recognize Gladys and the many other women just like her who have amazing stories of endurance, empowerment, and hope. With the help of the Foster Family Loan's Program in Kenya, she has grown her small fire-wood business to sell second-hand clothes around the community. This is an important step for her to provide for herself and her new-found family.




CHINA | EDUCATE GIRLS | END POVERTY | HUSKY ENERGY TAILORING SKILLS PROGRAM FOR WOMEN

Empowering women with confidence and skills in tailoring

In honor of International Women's Day, we would like to introduce you to Caidan. This talented lady is teaching tailoring skills to 30 women (mostly single moms) in the newest Captivating initiative the "Husky Energy Tailoring Skills Program for Women".




CHINA | END POVERTY | PIGS FOR POVERTY

10 piglets and 1 very happy Mom

This mom in Qinghai, China, is very happy and busy. Thanks to the Pigs for Poverty Project, she now has 10 piglets to take care of and sell. Before receiving two sows, she had very limited income opportunities for her family. Now, everything is different. "I am expecting an income of around 10 thousand RMB for the coming year. Thank you very much for helping us. We are very grateful. Pigs keep us very busy but they are increasing our family income. I am so happy to raise them. With this extra income, my children's education will be able to continue. I will be always grateful."




CHINA | END POVERTY | LEAN, MEAN, VEGGIE MACHINES

"Hats off" to our awesome 2018 greenhouse supervisor

Mr Tredan [wearing the cowboy hat in the photo below] is the main supervisor for our current greenhouse construction program. He is a shy man but strongly believes in this program as an excellent way to significantly improve the livelihood of impoverished single moms in Qinghai, China. He was our key in the success of our 2017 Greenhouse Project and we have been grateful he was willing and happy to help out again during the 2018 project - a program that has brought hope to 131 families this past year. It was dusty work but the results were exciting as each Greenhouse started to take shape.




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES | STOP HUMAN TRAFFICKING

Growing and Graduating

Thanks to Honor 1000's Micro-Finance Program, Judy is about to see two of her youngest children graduate. Judy is happily married, a mother of eight, and a small-scale entrepreneur. Through the assistance of microloans, she was able to grow pigs as part of her business. After a year, she opened her own sari-sari store together with her daughter.