A loan of $200 helped to buy fertilizers and pesticides and to pay for the labor costs of transplanting rice seedlings.


Nena's story

Nena is 56-year-old widow with three adult children. The family lives in a barrio and plants rice and vegetables. As rice is their main source of income, they want to increase their rice production to earn more income and satisfy their basic needs.

Due to financial constraints, Nena has requested a loan of 8,000 Philippine pesos (PHP) to buy fertilizers and insecticides and to pay for the labor costs of transplanting rice seedlings. She hopes that, during the upcoming harvest season, they will increase their crop yields and income so they can meet their basic necessities and save for future emergencies. She dreams of putting up a general store in the future as another source of income. She believes that if there is patience, there is progress.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: July 27, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: July 27, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)