Hi everyone!
This isn't immigration related but I need some Pinoy help!
My partner and I of course will have to be split up for several months when I return to Canada.
She has no job, and I will do what I can to help her out financially. And when she does get a job as we all know wages are quite low in The Philippines, especially in Boracay where we are from, where her living expenses are high and the wages are 200 to 250 per day depending on the job.
We have no problem supporting her, but her family constantly needs money from her. It seems every week there is another emergency. For the past year I have been supporting her while she sends 90% of what she earns to her family in Pangasinan.
There's an old proverb I believe in. Give a man a fish, feed him for a day, give a man a fishing pole feed him for life.
So I've been trying to find out how to get her family involved in microfinance loans where they can borrow just a few thousand pesos at a time and learn how to help themselves to take the burden off of her.
Does anyone know how to apply to these microfinance places? I looked online and got some emails but none have responded, I thought maybe someone here would know.
Thanks!
It's a very good proverb ... but easier said than done! One has to be interested in "fishing poles", and "fish" should abound to make this work. If they had not done anything in the past to make for a living, I do not see how you can make them move at any future time. Chances are, you will be in for more troubles -finacially and emotionally! I can only guess that you are not a filipino. It takes to be one to understand the realities of life here.
Credit facilities here are not that easy to obtain. If you have collaterals, then maybe you would not even need those "microfinance institutions" to start a small business for a "few thousand pesos". Anyway, have you tried the website of TESDA? Or you can search banks on the loan facilities they offer. But all these entail complex documentation. You have to register a business first, submit feasibility studies, pre-operating financial statements, etc. With the cost of advance rental and basic implements alone, you will run to a hundred thousand pesos.
You have chosen to be married to a family.... I can only wish you luck. Love really conquers all!!! good day