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

           

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

Genjyid's Quality Garments

Genjyid's parents died when she was a little girl and so she missed the opportunity to go to school. She and her sister took care of each other. She now lives with her daughter who has just started kindergarten. She wants to give her a better life than she had but has little job opportunities. When she joined the Husky Energy Tailoring Skills Program for Women, her life changed.




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

Women Entrepreneurs Affected during Nepal Lockdown

Anjana, 30, is married and has 2 children. Because she married at an early age of 16 with neither her or her husband having any source of income, their parents refused to support them. She felt the need to work or start her own business, but she had no means of funding. To support the family, Anjana’s husband started working at a cobbler’s place. There he earned about NPR 6,000 (AUD 65) per month, which was barely enough to provide for their rent and other basic needs. They struggled financially.




CHINA | EDUCATE GIRLS | END POVERTY | VOCATIONAL SCHOOL SCHOLARSHIPS

An Orphan's Life is About to Change

In August this year, 95 girls joined Captivating's Vocational School Scholarship program, bringing the total of girls in this 3 year program to 277. All these girls were found by our on-the-ground partner [Shamtse] to be out of school. Getting these girls back into school where they can learn a skill that will provide them with independence and job opportunities is important to us at Captivating. It's girls like Zhang who bring special meaning to this program.




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

Determination to Support Her Family

The year is about to come to end, but for the women in Husky Energy Tailoring Skills Program for Women, this will mark a new beginning. They are more than excited to graduate from the program and start a new chapter, equipped with their newly learned skills in making beautiful clothing. One of them is Degerjyid.




CHINA | END POVERTY | PIGS FOR POVERTY

A Mother's Sustainable Efforts to Send Her Children to School

"I always firmly believe that education can change the future, so it's important to me to send my children to school no matter how hard or tired I am. I didn't have the opportunity to get an education. Because of this, I haven't had a stable source of income, but I have to stick whatever I can for the sake of my children. Fortunately, with your encouragement and help, I have hope in my life."




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES | STOP HUMAN TRAFFICKING

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.