Microloans: Moving Families Towards Sustainable Living

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

           

END POVERTY | MY BUSINESS - MY FREEDOM | NEPAL | STOP HUMAN TRAFFICKING

Moti's Bright Future

One day, a loans officer from the My Business My Freedom Microfinance Project invited Moti to come along to a local microfinance women’s group meeting. After two hours of orientation on financial management, she was encouraged that she also can do something to support her family. Her life has significantly improved since.




CAPTIVATING FOSTER FAMILY LOANS PROGRAMS | END POVERTY | KENYA

A Forever Family for Little Joel

Little Joel became an orphan when his mother passed away but was recently adopted by his step grandmother, Nyanchoka. He is four years old and is expected to start school next year. Nyanchoka has been living alone since her husband died. Before Joel came into her home, she spent most of her time at her small tea farm, just waiting for the end of the day, then go home to her lonely house.




CHINA | END POVERTY | PIGS FOR POVERTY

A bright future for 33 families

On May 2nd, 33 families in remote Qinghai province in China, joined the Pigs for Poverty Project and received 2 piglets. This project provides training, program management & support, and 2 quality breeding sows to get them started in their new small pig raising business. This will enable increased income producing capacity and resulting in children remaining...




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

Success for Tserang - Husky Energy Tailoring Skills for Women

The Husky Energy Tailoring Skills Project For Women has brought Tserang such confidence and stability in her life. She is able to send her children to school, knowing that she will also be able to provide them with a college education when they are older. She wants her children to have the opportunity of a career and a stable income.




END POVERTY | MY BUSINESS - MY FREEDOM | NEPAL | STOP HUMAN TRAFFICKING

Microfinance is keeping my kids in school

Mina was married at the age of 15. Now, at 32, her and her husband have a daughter and two sons. She was from a poor farming family. She tells us her story. “I started a ‘Chatpat’ (a quick sour, chilly snack) selling business with an investment of about Rs. 2,000 (US$17) as that’s all my family could afford. I was able to earn around Rs. 1,000 (US$8) daily and although this was not much, it boosted my confidence. That was 6 years ago. I wanted to grow my business but I wasn’t able to get a loan."




CHINA | END POVERTY | LEAN, MEAN, VEGGIE MACHINES

Greenhouses for 40 single moms

The 2018 Greenhouse project brought greenhouses to 130 families across 3 different village locations. Mr Tserang is the Village leader of a project location where 40 families, mostly single moms, have benefited from this greenhouse project. He is a very responsible village leader and fully supportive of the project. There are 57 households in his village and another 63 families...