We believe that a lot of impoverished mothers have the chance to elevate their and their children’s living standards if only given the opportunity to do so. Because of this, we started our One Hope Microfinance Program to provide microloans starting at PHP 6,000 (USD 102).
How does this work? Each client will be a part of a fellowship group where they must agree to commit to a weekly payment and attend community-building activities. Once the loans are repaid, they are eligible for succeeding with increments of PHP 3,000 (USD 51), until the maximum loanable amount of PHP 30,000 is reached. The client will then have 40 weeks to repay the succeeding loans.
Just in November of last year, we featured Marilyn in our blog entitled Marilyn’s Steady Income Streams. We met with her again to see what’s new with her food stand and peanut butter business—and without doubt, she is still thriving!
She let her in her little morning routine. She gets up early every day to go to the market at 4 AM, selecting fresh meat and vegetables for her viands for the day. When she heads back home, she spends the entire morning cooking before selling them to her loyal customers. Her peanut butter side hustle? Still there! But as of now, she focuses on her food stand because it brings in better profit.
We visited her before lunchtime, and even then, she already served three customers! She is about to have her peak hour ahead, so we said our goodbyes. As we left, we thought about how truly inspiring she is in her commitment to live a better life.
Our Partners
Be a Part of the Solution
Support the One Hope Microfinance Program and help provide mothers with the resources they need to build a better future for their children.
USD270 | AUD 385 starts another woman on her poverty-free journey.
Be her hope.
