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Total loan: $625
Dalaoig, Alcala, Cagayan, Cagayan Valley, Philippines / Agriculture
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Edmund's loan finished fundraising,
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A loan helped to buy pesticides and fertilizers for his farm.
Edmund, age 31, is a rice farmer. Upon harvesting his crop, he sells the produce to traders, and he earns approximately PhP 10,000 each harvest season, which comes twice a year. He has been engaged in his business for over 10 years. He uses his income to sustain his family and as revolving capital in the business. He and his wife have one child. Edmund would like to increase his income, which is why he is now asking for a loan in the amount of PhP 25,000. He will use the loan funds to buy pesticides and fertilizers needed in his farming enterprise. This will help sustain crops and ensure a healthier growth. Edmund aims to continue ensuring a fruitful harvest in his farming business. His goal is to build up a savings fund for his child's education and to improve his family's standard of living.