A loan of $250 helped to buy fertilizer, pesticides and pay expenses incurred in transplanting rice seedlings.


Herminio's story

Herminio's dream is to become financially stable in the future. He is 56 and a father of five. He has owned and managed 1 hectare of rice fields for almost 28 years and usually earns a profits of only P 23,000 per cropping. He works hard and endures hardships because he wants to continue sending his children to school.

He aimed to increase his yields this coming season to earn a higher income to finance the education of their children and other family needs. He requests a loan of P10,000 to buy fertilizers, pesticides and pay expenses incurred in transplanting the rice seedlings. He believes that, patience and hard work are the only key to make his dream into a reality.



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)