J.M. Honrado Foundation, Inc. is a mission driven non-profit company that provides microcredit to entrepreneurs. October 19, 2004 marked the opening of J.M. Honrado Foundation Inc. (JMHFI) in Sorsogon City, with an initial fund balance of Php 1,000,000.00. It was named after the late Atty. Jose M. Honrado who dreamed of putting up of a foundation with the aim of providing scholarship to deserving students and helping alleviate poverty in the community. Its humble beginnings was a product of selfless adherence to the less privileged in the community and placing them in a hopeful situation by providing means to fight life’s struggle.
At present, the foundation employs more than 100 locals and has a network consisting of 11 branches region wide, with 20,000 active clients and total loan portfolio of 100M.
Ms. Corazon R. Honrado, Director
1620 Purok 2
Banag, Daraga, Albay