A loan of $875 helped to buy farm supplies and pay for the irrigation of his rice field.


Herminio's story

Herminio is the father of three children. He is married to Grace who works in a direct-selling business. Her eldest son has finished secondary education while the second child is out of school and the youngest is still studying. Herminio owns a farm, where he grows rice. Aside from farming, Herminio is also involved in transportation, particularly motorcycle transport. He is grateful because the income generated from his farming and transportation business pays for their household expenditures, allowances, school fees and other obligations to traders where he gets his farm supplies. Herminio has maintained his good track record since he started borrowing additional working capital from ASKI. He has paid back his previous loan. Now he is asking for another loan in the amount of P37,000 which will be used to buy farm supplies and pay for the irrigation of his rice field. He hopes that he can gain a plentiful harvest during this next crop season to be able to obtain greater profits which will serve his family's needs.



Loan details


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Loan details