Monday, March 20, 2023
HomeMicrofinanceThe Philippines: Wrestle and Resilience

The Philippines: Wrestle and Resilience

The Philippines: Wrestle and Resilience

January 22, 2022

The thought of ‘Filipino Resilience’ has lengthy been touted as one thing for the Philippines, and for residents of the nation, to be pleased with. And perhaps it’s. The Philippines has a historical past of putting up with and bouncing again from hardships; from dictatorship, to colonization, enduring pure catastrophe after pure catastrophe. Filipino residents should not strangers to battle, and the stereotype upon them is that they’ve realized easy methods to thrive within the face of poor situations. But many within the Philippines dislike this time period, as they really feel it romanticizes the nation’s struggles, whereas doing little to alleviate them. And maybe they’re proper; Filipinos have been requested to be resilient just a few too many occasions. Sadly, 2021 was no completely different. Definitely, the Philippines is dealing with a problem each to the nation and to its individuals – with or with out their ‘Filipino Resilience,’ the residents of this wounded nation are in determined want of assist.


Whereas Bohol has nearly fully recovered from the catastrophic 2013 earthquake that sparked Wisconsin Microfinance’s involvement within the Philippines, it continues to be pummeled by typhoons, earthquakes, and different tropical storms. Most not too long ago, in December of 2021, Hurricane Rai struck Bohol with torrential rains and winds as much as 168 miles per hour, corresponding to a Class 5 hurricane. It blew away buildings, compelled individuals from their houses, and reduce off communication.


These occasions have led to many companies closing in addition to a big drop in tourism, a significant driver of the Filipino economic system. Numerous Filipinos have misplaced their jobs, and for some households, their solely supply of earnings. As if this wasn’t sufficient, the Philippines has additionally been negatively impacted by one thing that’s on all of our minds: COVID-19.


With over 3.3 million instances, COVID-19 is at an all time excessive within the Philippines. Every day, the variety of instances units new data, and lock-downs proceed to be required.  Whereas roughly half of the inhabitants is absolutely vaccinated, the unvaccinated inhabitants is disproportionately poor and from rural areas.  Moreover, hospitals are reaching capability, and pharmacies are operating out of medicine to deal with COVID signs.


In response, many worldwide humanitarian organizations have offered help – drugs, meals and gasoline. However this help doesn’t assist Filipinos begin over and rebuild their livelihoods; that’s a way more troublesome job that requires the unimaginable powers of microfinance. Your donation to Wisconsin Microfinance gives capital to an aspiring entrepreneur within the Philippines who will use her mortgage to carry herself, her household, and her complete neighborhood out of poverty.

There’s no denying that Filipinos are resilient. However even resiliency wants a bit assist.  Please assist an entrepreneur by donating at



Writer: Jahnvi Datta






Please enter your comment!
Please enter your name here

Most Popular

Recent Comments