Saving for Her Children’s Future

As a mother to four children, with her youngest just born recently, Florian sees it important to secure their family’s means of income. This means ensuring that her small business will withstand storms that frequently visit the Philippines. As such, with the first loan Florian received in the Honor 1000 Microfinance Program, she transformed her small grocery store from being made of sheets of bamboo strips to sturdier cement blocks.

Florian joined Honor 1000’s Microfinance Program in February 2020 – a month before the pandemic hit and lockdowns were placed all over the country. When collections resumed in June, she was able to pay for her weekly commitments. She even adds more than what is required to her savings each week. She knows how important it is to save up for her children’s future while they are still young that’s why she saves part of her income whenever possible. She is also grateful to have a business that allows her to sell within the security of their home.

Florian inside her small grocery store

Help Filipino Families Break Away from the Cycle of Poverty

With your support of USD 385, we will be able to provide a vulnerable Filipino mom with a small business loan. Click on the links below to know more about the project, or to send through your support.

  

Our Partners

   

END POVERTY | MY BUSINESS - MY FREEDOM | NEPAL

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END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

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