The Microfinance Program not only aims to provide assistance to impoverished yet determined mothers who wish to start their own small business, but works to see them succeed and improve their lives. This helps reduce the risk of being lured into the world of trafficking and cybersex to gain income.
Diosing is a mother of eight children. With so many mouths to feed, she and her husband were always looking for ways to provide for their large family but each day was a struggle. When she learned about the Honor 1000 Microfinance Program, she did not hesitate to apply for a microloan. Through the small loan, she was able to add to her struggling hog raising and fish vending business.
Her small business is growing and her income has increased. Now on her third loan cycle, Diosing is able to start putting money away, saving for possible medical emergencies and their future. Her eight children now have the confidence that they will be able to complete their primary school, as well as access to higher education. They are also very excited to have electricity now connected to their house.
This large family is on their way to sustainability and independence. Not only is Diosing providing added income for her family but she is also showing her children that women can be successful small business owners.
Because of the amazing support of our donors, 2,249 women and their families are part of the Microfinance Program in the Philippines.
Our Partners
Jiniu Yiqu is one of the many students who are able to continue their studies through the One More Year Scholarship Program. This is her letter to her sponsors.
37 SHARES
During follow-up sessions with the child's relatives and neighbors, a senior member of 3AN noticed a recurring theme: the dire need for clean drinking water.
50 SHARES
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...
43 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...
59 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...
22 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...
60 SHARES
