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
Radha, 16 years old, is one of 5 children in her family. Unfortunately, all of them did not have the opportunity to attend school. The family does not own any land, and their house is built on someone else's property.
Radha's mother works as a wage laborer on other's...
51 SHARES
Ganga Damai joined Shakti Women's group after My Business My Freedom (MBMF) reached her village in Nepal three years ago.
She is 46 years old and has six members in her family. The main source of their family's income before she...
31 SHARES
One of the things we are doing in our microfinance program in the Philippines is getting together through fellowship and meetings of our program's existing members.
Last June 2 marked "Bayan Bayanan Fellowship's" first fellowship meeting. They are the first group formed in their area. One of our existing good payers from...
56 SHARES
Dolores is one of the families we help in the Manila Slum Project, our back to school program in the Philippines. This project aims to assist 200 underprivileged children in Manila slum communities.
When we visited Dolores' home, she was preparing the flowers she would sell in the streets that morning. She...
31 SHARES
Kate and Glenn from Captivating recently visited Manila to check in on our programs in the Philippines.
One of their visits was...
31 SHARES
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...
35 SHARES
