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.

 

Our Partners

   

END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

A Mother Never Gives Up

Luisa is a single mom who perseveres to support her daughter. When she first joined the Honor 1000 Microfinance Program and started her rice cake business, it was also the time when lockdowns started happening in the Philippines.




HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Serving Her Community with Her Small Business

Marissa just received her third cycle loan! She has been part of the Honor Microfinance Program since 2019 and has been serving her community with her sari-sari (small convenience store) business.




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Microfinance Women and Staff Supporting Each Other

Because of the pandemic, most of the Philippines has been placed on lockdown since last year. This has challenged our program to adapt and comply with the health protocols that each municipality has set. We are grateful to have a dedicated team who diligently visits each area and client.




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Uplifting Financial Literacy of Filipino Moms

The journey to sustainability varies for each of the client moms of Honor 1000's Microfinance Program. There are various factors and conditions contributing to this, but one thing remains unchanged and that is the support provided to these moms.




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

Reaching Out to Young Moms in the Philippines

Many Filipino families continue to suffer from the harsh consequences of prolonged lockdown in the country. Sadly, many of these parents are pushed to their limits and resort to exploitation (of their own children) as a means to earn a living.




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

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. Continue reading her story.