Funded

Total loan: $625
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A loan of $625 helped to buy fertilizers, seeds, herbicides and insecticides to use in farming.


Eduardo's story

Eduardo is 45 years old and married with three children. To generate income, he works as a farmer in the Philippines, planting rice in their field. He can suffer with the heat of the sun, or the cold under the rain, just to take care of his crops in the field in order to feed his family.

He is proud to be a farmer. He has been running a rice field business for almost 21 years. Eduardo practices farming in order to provide the needs of his family. He has been getting farm supplies from the traders with a high interest rate. Now, Eduardo thinks that he can earn a higher income if he can find other lenders that will give him a minimal interest rate.

He decided to borrow a loan of PHP 27,000 to buy fertilizers, seeds, herbicides and insecticides to use in farming. The loan will be a big help for him to stop borrowing from the traders.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: October 5, 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: October 5, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)