Team Building Strengthens our Microfinance Team
Our dedicated team has been meeting with Sam to reassess our Microfinance Program for the past weeks.
Lolita smiles brightly as she shows us her stock of clothes to sell. She is one of the members of our microfinance program in the Philippines. With one of her children studying Architecture and the youngest set to enter college soon, Lolita works hard daily. Besides clothes, she offers handcrafted perfumes and dishwashing soap in her online shop. Since she started, she already has loyal customers, which also gives her an advantage over other online shops. Through our microfinancing program, she can restock her shop with the latest trends enticing more customers. Not only is she making more money, but she can also habitually save money for future emergencies.
With more businesses like Lolita’s moving online and relying on the internet, we must also continue our advocacy efforts in our Microfinance Program. In partnership with Honor 1000, we have been operating a microfinance program called “ONE HOPE” since 2011. The program supports over 2,500 women clients weekly and operates in four regions of the Philippines. Through the microfinance program, women can progress their businesses, keep their children in school, provide nutritious food, and live safely in comfortable homes. The children of these families are also more likely to remain safe from human trafficking, making the program even more vital.
However, the program cannot continue to expand without financial donors. For every US$270 of additional loan capital, another single mom and her children can start their journey out of poverty. To learn more about how you can help, reach out to us through the links below.
Our dedicated team has been meeting with Sam to reassess our Microfinance Program for the past weeks.
March 8, 2024, is an eventful day for us and our Manila team as we celebrate 20 new signups to our Honor 1000 Microfinance Program!
We continue to empower more women through our microfinance program in the Philippines. We opened a new microfinance group in Bayan-Bayanan, one of the barangays in Dinalupihan, Bataan.
Currently, we have ten mothers attending our microfinance program orientation, where they express their commitment to pay back their loans and grow their businesses.
Marilyn and her husband are incredibly proud vegetable farmers who work hard to provide for their family of five, including two young children in elementary school.
Lilibeth smiles brightly beside her food store. Though small in size, this business helped her send her eldest son to college.