A loan of $700 helped to purchase fertilizers, insecticides and rice seedlings.


Reynaldo's story

Reynaldo is a 48-year-old married man, residing in Sta. Luciana, Cauayan city.

To earn a living, Reynaldo operates a business venture in the agriculture sector, planting and harvesting rice for sale. He has been in this business for 25 years. Every cropping season, he earns 25,000 Philippine pesos (PHP) doing this type of business.

He has requested a loan of 30,000 PHP, which will be used to purchase fertilizers, insecticides and rice seedlings. In the future, Reynaldo wants to improve his family's living conditions and lift them out of poverty.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: January 11, 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 11, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)