Undeterred by Challenges

As a young mother who is also the eldest in her family, Lyka is persevering to provide for her two toddlers and two siblings.

She received her first loan in 2019 and is now on her third loan cycle. She has an online business where she maximizes the use of social media to sell plants and second-hand clothes. She is grateful to have joined the Honor 1000 Microfinance Program before the pandemic because when lockdowns were implemented, she could no longer travel outside of their barangay (small district) which greatly affected her online business.

She needed to adapt to the situation. With the profit she saved from the growth of her online business, she started selling snacks with her husband. This was how they were able to provide for their family and siblings during the lockdowns. When collections for loan repayments resumed, Lyka was able to pay her weekly obligations on time.

Even with the unpredictable changes with COVID-19 restrictions, they are determined to continue their small snack vending business while Lyka is back on her online business.

Lyka wants to be a source of inspiration for her siblings that every effort, no matter how big or small, is a way to move forward, and that despite the challenges along the road, they can find ways to overcome those challenges together.

Help Filipino Families Break Away from the Cycle of Poverty

With your support of AU$385/US$270, we will be able to provide a vulnerable Filipino mom with a small business loan. Click on the links below to know more.

 

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END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Connection Strengthens our Philippines Microfinance Programs

Aside from providing loans for Filipinos through our microfinance program in the Philippines, one of the things we aim to do is start fellowship groups so we can provide the microfinance beneficiaries the necessary moral and emotional support as they start their small businesses.

We are grateful for this community and...




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Providing for her Children through Homemade Goodies

Her homemade goods are gaining reputation as she's receiving more orders from new customers and bigger orders from her loyal ones. We are excited to see how Racquel's business will grow from here.




HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Selling Refillable Water Containers

Rosalyn is one the recipients of our Microfinance Program in the Philippines. She is one of the pioneers of providing refillable water containers in her community. Though there are now other refilling stations in the area, since she has been serving them the longest she is able to establish her pool of loyal customers.




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Hardworking Mom Doubles her Income

Meet Nina, a hardworking wife and mother of four who owns a small sari-sari store up in the mountains. She joined our Microfinance program in the Philippines in 2021. Then, with the loan that she availed from us, she added cold drinks and rice grain to her store.

With this, she was...




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Selling snacks to grow her income

Deanna was one of the working mothers who was hit hard by the COVID pandemic. She was unable to continue with her former work so she needed a new source of income. Raising her adopted son on her own, it is important that her transition would succeed.

With her savings, she...




HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Supporting Bakers like Gina

With the inflation continuing to affect everyone around the globe, it has been a challenging time for many small business owners like Gina.

With both her children now in college, Gina is working hard to ensure that they will both finish their studies. Apart from her grocery store, she is also...