Raise Capital for Entrepreneurs in the Philippines

by Opportunity International
Vetted
Aug 21, 2012

Helping Ana

Facilitating Ana’s Economic Empowerment

Opportunity is empowering Filipino families to have greater power and control over their own lives. Before coming to Opportunity, Ana lacked the means to make her own choices. For Ana (pictured left), disempowerment meant scavenging for food and scraps on a garbage dump from the time she was eight years old. She was even forced to scavenge at nine months pregnant. Ana achieved economic empowerment by making the most of the financial services she accessed through Opportunity Philippines institution TSPI and by participating actively in the training and growth opportunities she was provided. These actions led to income generating activities – important steps in raising her household income.

With a small loan from TSPI, Ana was able to stop scavenging and establish a small grocery store. Taking control of her financial situation Ana has increased her income from approximately $1.80 to over $16 a day. Ana has experienced a combination of changes in her life that address the dynamic and relational nature of poverty.

Because she has become economically empowered she has gained the ability to choose how she spends her income. In most cases, economic empowerment leads to the improved social well-being of whole families, as clients like Ana choose to spend their income on better nutrition, health and education. For Ana, her increased income has allowed her two eldest children, Faith and Sharma, to get the education they deserve. Ana will send her other two children, Janmuel and Jekerry, to school when they are of age. 

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Organization Information

Opportunity International

Location: Chicago, IL - USA
Website: http:/​/​www.opportunity.org
Project Leader:
Ally Lynch
Oak Brook, IL United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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