A loan of $475 helped to buy fertilizer,insecticides and payments for the labor of transplanting of rice in the rice fields.


Alfredo's story

Alfredo, age 24, is married and has two children. He cultivates rice. During the last season in May, Alfredo earned P20,000 from his crop. He used it to pay electric bills, school fees, daily expenses, and to save for security purposes for times when his income is low. According to Alfredo, he has been cultivating two hectare of rice fields.

Alfredo is now asking for a loan of P20,000 in order to buy fertilizer and insecticides used in farming and for payments for the labor of transplanting rice in the rice fields.He hopes that he can increase his yield in the next crop so that he can provide for the financial needs of his family.



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