Uplifting Financial Literacy of Filipino Moms

The journey to sustainability varies for each of the client moms of Honor 1000’s Microfinance Program. Others may be growing and upscaling their businesses, while most may only be starting to build their own little store. It can take them a couple of microloan cycles over a few years, depending on various factors such as how well their business may be doing, how quickly they are able to repay their loans, even personal circumstances and concerns.

Despite these various factors, one thing remains constant and that is the support provided to these mothers. Every client mom that wishes to avail a loan goes through a loan ceremony wherein the Microfinance Program staff share with the clients the organization’s mission, their commitment to regular client group meetings and payments, how to compute their weekly budgeting, and the two types of savings and why it is important. Both new and existing clients go through this loan ceremony before proceeding to their next loan cycle.

Encouragement and support are important, as well as increasing the mothers’ financial literacy to help them attain sustainability.

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. You may also join us this June in our global fundraising event –
STOP TRAFFICKING 5K. Click on the links below to know more.

  

Our Partners

   

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 | MY BUSINESS - MY FREEDOM | NEPAL

A New Start for Asha and her Son

“I got my hope back after I met My Business My Freedom”, says Asha.




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.




CHINA | END POVERTY | MY FIRST JOB PROGRAM

Making Her Life Better

She will use this craft to subsidize her family in the future. During the training, she learned a lot when it comes to embroidery skills and knowledge about selling her creations. Now she sells her products online, and she sells them at a good price.




CAPTIVATING VILLAGE PROJECT | EDUCATE GIRLS | END POVERTY | NEPAL | STOP HUMAN TRAFFICKING

Almost Married, Now Back in School

Captivating Village Project is our newest project and is all about educating girls and empowering communities in remote Nepal.

So far, 151 girls are back in school. These girls were not in school because of poverty, or families not seeing the importance of girls’ education but rather getting them married at young...




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...