A loan of $950 helped to buy fertilizers, insecticides and pay for the labor costs for his rice plantation.

Armando's story

Armando is a hard working father who owns and manages a rice farming business to support his family. He is 42 years old and has four school-age children. He and his wife agreed to educate their children so that they can earn a degree and become professionals someday. Despite their hardships, they have the determination to work out their plans.

Armando has been a farmer for more than 15 years earning profits of PHP 25,000 every harvest season. He wants to expand his rice plantation to ensure a high production, but due to insufficient capital he is asking for a loan of PHP 40,000 to buy fertilizers, insecticides and pay for labor costs. Through his patience and hard work, he believes that he can increase his yields and income this coming harvest season.

Loan details

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Loan details