Irene recently joined Honor 1000’s Microfinance Project. Her small business is selling shoes, clothes, and cosmetics. Because of the pandemic, she was forced to stop taking orders because the businesses selling non-essential goods were banned to operate. Using the income from her last batch of sales, she came up with a new idea and started food vending.
Since she already had contacts in her area, her food vending business was quick to grow. She shares that she cooks 5 times a day, with a varying menu to cater breakfast, lunch, dinner and snacks. Some of her bestsellers are Turon (crispy banana wrap), Camote Cue, Pancit (noodles), and Visayan Coco Bread. With this new venture, she is averaging 500 to 700 pesos [AU$14-20] a day in income.
She is grateful to be part of this program and feels supported to succeed. She’s saving up now to invest in a good oven for her best seller Visayan Coco Bread and to buy more food bowls for food storage.
WE NEED YOUR HELP
Philippines is one of the many countries struck by the COVID-19 pandemic, forcing majority of cities and provinces to be put in lockdown.
You can join us in helping poverty-stricken families recover from this crisis. With your support of USD 385, we will be able to provide a vulnerable Filipino mom with a small business loan. Click on the links below to know more about the project, or to send through your support.
Microfinance Women and Staff Supporting Each Other
Because of the pandemic, most of the Philippines has been placed on lockdown since last year. This has challenged our program to adapt and comply with the health protocols that each municipality has set. We are grateful to have a dedicated team who diligently visits each area and client.
The journey to sustainability varies for each of the client moms of Honor 1000's Microfinance Program. There are various factors and conditions contributing to this, but one thing remains unchanged and that is the support provided to these moms.
Many Filipino families continue to suffer from the harsh consequences of prolonged lockdown in the country. Sadly, many of these parents are pushed to their limits and resort to exploitation (of their own children) as a means to earn a living.
Times are still difficult for many in the Philippines during this time of pandemic. But we continue to be amazed by the women from the Microfinance Program who never ceased working hard to provide for their families.