Total loan: $250
Brgy. Canabuan, Aritao, Nueva Vizcaya, , Philippines / Agriculture
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A loan helped to buy fertilizers and pesticides and to pay for the labor costs of transplanting rice seedlings.
Victor is a responsible father who aims to continue sending his two children to college. He has owned and managed a rice field for almost 12 years now, earning an average net profit of only P15,000 every harvest season. He wants to increase his production in order to earn a higher income to cover up his children's financial needs and satisfy their basic necessities. Due to financial difficulties, Victor has requested a loan of 10,000 Philippine pesos (PHP) to buy fertilizers and pesticides to pay for the labor costs of transplanting rice seedlings. He believes that the loan will help increase his rice production and income in the next harvest season.