From Strength to Strength

Alma is one of Honor 1000’s Microfinance clients in the Philippines. Her main place of sale has been at schools catering primarily to students and teachers. But because the pandemic has forced schools to cease operations, Alma was faced with a new challenge.

Driven not to be defeated by the pandemic, Alma moved all her stock from the school to her home sari-sari store (a small convenience store) and started to adjust her sales opportunities.

With the loan capital she received from her most recent microloan, she purchased a freezer and extended her sari-sari store. The new freezer allowed her to add more frozen products that are very saleable in her area. Most people do not go to large supermarkets in fear of the virus, so Alma’s sari-sari store was the go-to place in her area. With the added income from the frozen products, she was able to start on her food vending as well.

Now that lockdown restrictions are lifting, she is able to go from house to house selling snacks and other food she prepared for the day. During this time, Alma has been able to adjust her small business and still make an income. Her next goal is to extend her home sari-sari store to have a place where people can sit and dine.

Alma shares that during the months where her business was not able to operate, she was able to draw on her saved income and still set aside repayments for her microloan. Because of the low interest rate of the program, Alma knew this was more than just a loan but rather an opportunity for her to pull herself out of poverty from people who believe in her and her family.

Help Filipino Families Break Away from the Cycle of Poverty

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.

  

Our Partners

   

CAPTIVATING VILLAGE PROJECT | EDUCATE GIRLS | END POVERTY | NEPAL | STOP HUMAN TRAFFICKING

Almost Married, Now Back in School

Captivating Village Project is our newest project and is all about educating girls and empowering communities in remote Nepal.

So far, 151 girls are back in school. These girls were not in school because of poverty, or families not seeing the importance of girls’ education but rather getting them married at young...




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Hardworking Mom Doubles her Income (PH MP SEPT)

Meet Nina, a hardworking wife and mother of four who owns a small sari-sari store up in the mountains. She joined our Microfinance program in the Philippines in 2021. Then, with the loan that she availed from us, she added cold drinks and rice grain to her store.

With this, she was...




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Selling snacks to grow her income

Deanna was one of the working mothers who was hit hard by the COVID pandemic. She was unable to continue with her former work so she needed a new source of income. Raising her adopted son on her own, it is important that her transition would succeed.

With her savings, she...




CHINA | END POVERTY | MY FIRST JOB PROGRAM

75 Graduated from Embroidery Skills Training Class 2022

We are proud to announce that 27 students from the first class, 25 from the second class, and 23 from the third class, graduated from the 2022 Embroidery Training in our My First Job program last month (July).

This training not only opened up a new way for women in these villages to...




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

GREAT NEWS: Our Fifth Annual Husky Energy Skills Training Program for Women is about to Start

We're excited to announce that interviews will soon commence to select the next 30 lucky women who will be part of our fifth annual Husky Tailoring Program.

Every year, Husky Energy (now a part of the Cenovus group of companies) makes it possible for women from remote locations in Qinghai Province to...




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Empowering Moms through Microfinance Program

Through our Microfinance Program in the Philippines, we are able to empower more mothers by helping them start their small businesses that can support their families. Here are just some of the beaming faces of the proud Filipina moms and their amazing business endeavors:

Read the full article...