What We Do: One Hope Microfinance Program
As we expand our microfinance program, each client will now receive an OSAEC (Online Sexual Abuse or Exploitation of Children) activity booklet with their loan.
When a woman is empowered, she will not fall into desperate measures to make money. Here at Captivating, we aim to protect women in vulnerable groups from sexual exploitation through entrepreneurship.
Our One Hope Microfinance Program has helped numerous mothers elevate their living standards and foster positive change. How does this work? We provide microloans starting at Php 6,000 (USD 106). After that, each beneficiary will become a part of a group where they shall commit to weekly payment and community building. The loans will increase with increments of Php 3,000 every after full payment with each loan payable for a maximum of 40 weeks. You can learn more about the project here.
One of the mothers that we are helping is Cristina. Cristina is a mother of two who also manages her small sari-sari store—a kind of store in the Philippines that sells “sari-sari” (a variety) of products from snacks and candies to toiletries in small quantities. Her store seemed stable until a recent natural disaster in their neighborhood in Dinalupihan. Cristina wanted to keep her store open to cater to her neighbor’s needs, but the rain made it difficult for her to break even in sales. Despite that, she continued to show up each day and earned what she could to pay back her microloans. Through her dedication and effort, she was able to pay back her loans while also keeping PHP 3,000 (USD 53) in savings!
Her next goal is to continue saving to completely pay back all her loans and buy a refrigerator. A refrigerator in her sari-sari store can help her expand her products to cold drinks and frozen products. Cristina expressed her gratitude to Captivating International and its partner—Sanghaya Foundation, for supporting her business and giving her the chance to grow.
As we expand our microfinance program, each client will now receive an OSAEC (Online Sexual Abuse or Exploitation of Children) activity booklet with their loan.
We recently welcomed 8 new clients to our Mabuco Fellowship for our Microfinance Program in the Philippines! This is our group in Hermosa, Bataan where we expanded our operations this year. We are happy to see more mothers pass our application process.
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.
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.