Manila Slum Project Extends Support to Young Moms
In Manila's busy streets, many children miss out on schooling. But there's hope as we work to change their story.
Moti’s family has faced a lot of challenges over the years. Her husband went to a gulf country to earn money but had to return within a month because of illness.
Moti started a small grocery shop but wasn’t able to earn much. She was unable to recover outstanding credit from some of her customers. Because of her increasing debt and inability to pay her bills, she was ready to close down her business.
One day, a loans officer from the My Business My Freedom Microfinance Project invited her 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.
This young woman was provided with a loan through the My Business My Freedom Program to continue her business. The tips and business management training also helped her significantly. She is now slowly recovering her previous debts and has added more items in her shop. Her monthly sales are steadily increasing and she is keeping on top of her loan repayments.
Moti is thankful that the My Business My Freedom Microfinance Program is empowering her to be a small business entrepreneur.
This amazing program is currently empowering 147 women with small microloans and business skills so they can become self-sustainable and independent women.
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