A loan of $475 helped to buy farm inputs such as fertilizer, insecticides and herbicides to ensure the growth of his rice crop.


Venerable's story

Venerable has been raising rice for almost 15 years. He patiently manages his rice farming business because it's his family's main source of income. He is 34 years old and married.

Venerable desires to have a plentiful harvest this season due to many household expenses and expensive farm inputs. He and his wife work together to earn a living. He has a happy family that inspires him to strive hard to be able to acquire greater profits. According to him, his income last crop season was used in paying his obligation to traders who have high interest rates, so his income is no longer enough to buy farm inputs such as fertilizer, insecticides and herbicides to ensure the growth of his rice crop. For this reason, he is asking for a loan of PHP 20,000. He hopes to gain additional profit to make his living progressively and to save for the bright future of his only child.



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Loan details