Hapinoy mom builds sari-sari store business
By manayonboy
@manayonboy (511)
Philippines
June 14, 2009 6:21pm CST
Raising eight children has not kept Rosa Maloles from achieving more than the average mother and homemaker. Spunky and smart, this former security guard is also successful entrepreneur in Batangas. While many sari sari stores are buckling under the weight of economic crisis, Rosa is managing three branches of her Hapinoy Community Store
Moreover, she has made her business as family affair, bringing in two of her growup children to help run the stores. Thus, aside from being a mom, she is also their business coach as she teaches her kids the tricks of the trade.
But Rosa did not become a successful entrepreneur overnight. It took years of hard work and good.
4 responses
@mylesnarvaez (5450)
• Philippines
15 Jun 09
it's great to hear about rosa maloles. is she a member of CARD? or perhaps a member of another microfinance institution operating in the area and a partner of hapinoy?
i've been involved in microfinance for about 10 years and i have met tens of thousands of women in microfinance just like rosa. it's heart warming to hear their stories from humble start-ups to their progress in life.
i've done some research and training activities in connection to hapinoy operated in by the country's leading mfi. the program has a great vision that would enrich and uplift filipino microentrepreneurs like rosa. i'm glad to know that their stories of successes are coming out in public.
yes it takes years of hard work to become successful as a microentrepreneur. that's why their suceess story is even more humbling... for their patience and perseverance to make a decent living in the midst of economic crises.
1 person likes this
@agv0419 (3021)
• Philippines
15 Jun 09
I seen the website of HAPINOY it is microfinance they help you to to open and how to run the business. Many become successful but many are not. Here in our place it is common to lend money in microfinancing. They collect the payment everyday or weekly depends on what microfinance you have joined. The member of some microfinance here always had a disputes because some of the members don't pay their credit and they are the one who needs to cover up the unpaid credit.
1 person likes this
@mylesnarvaez (5450)
• Philippines
15 Jun 09
hapinoy has partnered with several microfinance institutions in the country. admittedly, not everyone has had a success once they join a microfinance program or microfinance institution. like any business, a person has to instill values and a level of discipline to be successful in this field. many disputes happen only because some tend not to follow rules and some are quite lacking in good lending practices and credit discipline.
many pinoys have had varied levels of success with their microfinance experience. those who have been in the program for several years have started with perhaps 1500-3000 peso loans as business capital and now can borrow around 150,000 pesos with insurance and health benefits as well as mutual aid. microfinance is not a get-rich-quick scheme... far from it. it's hard labor but making a difference in their lives and creating impacts in communities.
being around these women, makes me appreciate my humble beginnings in life too. 
1 person likes this
@mylesnarvaez (5450)
• Philippines
6 Jul 09
thanks manayonboy for the BR and friend request. both are very much appreciated. i have already added you up.
@kryzell (921)
• Philippines
15 Jun 09
Kuddos to this Rosa Maloles.
I am a pinoy too, but have not heard about her. It's very inspiring to hear this kind of stories, as they only prove of us that no matter how hard life may seem to others, they found their way to survive...and in fact succeed. Indeed, a leasson that must be learned, especially to those who were more blessed, but have not appreciated their blessings.
1 person likes this
@larish (2263)
• Philippines
6 Jul 09
Thank you for sharing this inspiring story. Her hardwork really pays off. I really hope that every Filipino will do the same thing. The basic thing we must learn to reach success is for us to spend within our means. "No Pain, No Gain", I am sure that she reaches her success because she had made a lot of sacrifices. Happy myloting and thank you again for sharing.
1 person likes this
@my_name_is_coco (4333)
• Philippines
5 Jul 09
I haven't heard of her story.it is good news.it mean that despite of all these economic slumps,there is still hope that we can be financially successful.it doesn't matter if you are a security guard or a business graduate.all of us have the capability to be financially successful.our success is meant to be shared with our families.
1 person likes this
