By directly addressing the problem of extreme poverty, the Honor 1000 Micro-finance Program in the Philippines, directly decreases the attraction to high risk practices of migration to find work and being tricked into the sex trade.
37 new women have joined the project over the past quarter
2,271 women are currently part of the Honor 1000 Micro-finance project.
251 women, over the past 12 months, are now operating successful small businesses, fully repaid their loans and are now poverty free.
Maricel is one of the young women who joined Honor 1000’s Micro-finance Program recently. Along with 30% of the Philippine population, she was poor and had a bleak future. She was determined to help her husband in building a better future. She started from owning a few livestock to securing a place in their local market. Her retail items grew to include ready to wear accessories and as her business has grown, she now also sells vegetables and spices. Her livestock has grown and she is able to offer more variety and products to her customers.
With her profit, she is able to financially support her nieces and nephews in their education. Maricel has suffered a miscarriage recently but she is saving and preparing a safe home for when she has her own children. We are proud of Maricel for taking charge of her life and her future. We know, with the support this amazing project offers, she will flourish into a young entrepreneur, become poverty free and have a bright future.
Thank you to those who have believed in and invested into this program. It continues to change lives and provide women and their families with sustainable solutions to poverty.
Our Partners
Last month, our co-founders Andrew and Julie Colquhoun went to Nepal to visit our current projects and partners in the region. They spent time with the girls that they have helped to get back to school through fifteen Captivating Village programs, and also checked the school where they will be attending. They also...
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We are happy to announce that Captivating International, with its Philippine field partner HONOR 1000, is launching a project to assist 200 underprivileged children in Manila slum communities. For the first batch, we selected 70 beneficiaries to receive educational assistance based on criteria such as income level, age, and family status. It...
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Jessica used to sell flavored drinks in a different town, but this meant being away from her three young kids. She then made the critical decision to transfer her small store so she could be with them. To do this, she needed additional capital, so she tried applying to our microfinance program. Because she is new...
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From a small grocery store, Mildred worked hard to get to this point. Through our microfinance program, her range of products grew from just pantry essentials to also include household supplies. This year, she also added ready-to-wear clothes to her store. She is grateful for the help of our Philippine field partner, Honor 1000, that contributed...
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Aside from providing loans for Filipinos through our microfinance program in the Philippines, one of the things we aim to do is start fellowship groups so we can provide the microfinance beneficiaries the necessary moral and emotional support as they start their small businesses.
We are grateful for this community and...
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“I got my hope back after I met My Business My Freedom”, says Asha.
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