A loan of $700 helped to buy farm supplies needed in improving rice production.


Luis's story

Luis said that,"Patience and hard work" are the key to become a successful entrepreneur.

Luis is married and has two school-aged children. His wife is an OFW (Overseas Filipino Worker), while he is in charge of taking care of his rice fields and children. Luis' goal's push him to face challenges in life. Nowadays, he is suffering from a shortage of funds because of his family household expenses and needs of his children. He decided to borrow additional capital of PHP30,000, allowing him to buy farm supplies to improve his rice fields. He believes that he can increase his rice production this coming crop season and save for the future of his children.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: November 14, 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: November 14, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)