Funded

Total loan: $1,175
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A loan of $1,175 helped to purchase seeds and fertilizers for his corn farm business.


Bonifacio's story

Bonifacio is 56 years old, and is married with three children. The source of income for his great family is the income received from the business of growing corn. He has been in this business for 15 years. He earned about 25,000 PHP with his last crop. He also buys and sells banana in the village where they are living.

Now, Bonifacio wants to borrow a loan of PHP 50,000 to purchase seeds and fertilizers for his corn farm business. He hopes to increase his profits so that he can sustain the financial needs of the family, save money for the future, and to give daily allowances his youngest child who currently in school.



Loan details

Loan length:

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