A loan of $650 helped to purchase fertilizer and insecticides and to pay for labor costs.


May's story

Farming is the main source of income for May's family. She is thankful because she is able to provide her family needs through her rice farming business. Her husband has been in charge of taking care of her rice field and it's been two years of sacrifices they have devoted to improve it.

May still aims to improve the growth of crops to be able to gain greater profits. Nowadays, May is suffering from a shortage of capital due to her household expenditures and the high cost of basic necessities. In this situation, May is encouraged to borrow additional capital of PHP 27,000. This amount would really help her to purchase farm supplies such as fertilizer and insecticides and to pay for the labor cost of hired laborers. She hopes that she can make her farming business more profitable so that she can acquire a greater income for her family's needs.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: January 4, 2012
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: January 4, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)