SEC NO. CN201728220
PHP 0.00
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SEC NO. CN201728220
In 2020 we trained and set up 126 vulnerable adults and young person’s how to manage and run their own businesses. Once a clear marketing and business plan was produced and the training completed, a small interest free loan of between Php 5,000 – Php 15,000 was given. They started businesses selling cooked foods, rice, vegetables, meat, fish stores, household items and grocery stores.
Some adults were given individual loans, while others organised themselves in a group. They elected a Treasurer and President and supported each other’s business, if one person defaults on their loan then the whole group would be responsible for making up any missed monthly repayments.
EBoth systems have worked well, 71% paid in full, and 17% are slow payers, 8 % of non payers, given the effects of the pandemic we are delighted with results and proud that this the business loan model is highly valued by the community. Please donate.
The National Housing Authority has awarded us with a 50 year rent free lease on 4,000sqm of land in the resettlement area in Naic Cavite and has given permission for us to start a farm until we are ready to build our multi purpose center.
In addition to we have rented 1.5 acres of land in Batia Bulacan for second farm.
Both farms provide a supply of vegetables for 200 families to consume and sell, supporting over 1,100 of their family members and providing low cost pesticide free vegetables for the wider community.
Community Bike Loans are given to those who are employed but are unable to get to work, due a reduction in the public transport as part of the covid safety protocols. Together we assess each applicant and their financial capability and loan is given to them and paid back weekly. ts.
We anticipate this to be popular program as other community lenders can charge up to 20% interest and add Php 25 - 30 a day for late payments. Please donate.
Due to the closure of private and government schools, we are no longer making school shoes but are producing rubber boots and slippers, so the fathers can stay in work. This program continues as the shoe makers maintain social distancing and provides employment for a maximum of three men.
Mothers who used to stitch the linings into our ring pulls bags are now out of work, current sales of our ring pulls products are slow, so we have found another new product to make. We use over 400 sacks of rice per month for our feeding programs and are now upcycling these to make hard wearing shopping bags, providing work for our sewers, as well as textile face masks for the community. View our online shop.
In order to meet this challenge, our 2020/2021 has been revised along with all of our programs so that we can continue supporting families at a time when they need us the most.
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