Category: Family

7 Simple Ways To Support A Friend’s Small Business During a Crisis and Beyond

The crises of the year 2020 have hit hard on many businesses, small or big alike, particularly in the Philippines. But it’s the small ones that are greatly affected and are finding it hard to face the challenges of recovering.

In our province of Batangas, the Taal Volcano eruption at the beginning of the year has forced many local businesses to a temporarily stop their operations. Some were not able to restart and were even brought to their knees by COVID19’s health and economic effects.

Here are few things you can do to support your friend’s small business in times like this. Continue reading 7 Simple Ways To Support A Friend’s Small Business During a Crisis and Beyond

Cash-In-Hand: How Electronic Cash Transfer Systems Can Help Filipinos Overcome Poverty

It’s no secret that many Filipinos, especially those living in far-flung areas in the provinces, are living below the poverty line. This is often worsened by the need to take on toxic personal debts, usually from loan sharks, which perpetuates a crazy cycle of poverty and ever-increasing debts.

One of the biggest reasons for this is financial illiteracy and inability to access basic financial products and services. Lack of knowledge prevents many Filipinos from managing their finances well while lack of access to the financial system forces them to settle for usurious debts from loan sharks.

CashInHandPaymaya
Oxfam Pilipinas and Paymaya executives together with Bangko Sentral ng Pilipinas’ Pia Bernadette Roman-Tayag

Continue reading Cash-In-Hand: How Electronic Cash Transfer Systems Can Help Filipinos Overcome Poverty