A loan of $1,200 helped to buy fertilizers, seeds and herbicides.


Renato's story

Renato is forty-four years old, married, with four school age children. Renato has three hectares of rice fields which he plants. He has been a farmer for twenty-eight years. He earns approximately PHP 100,000 for each crop however he only brings home half of this because after selling his harvest, he has to pay his debts to the traders, the private-sector who lends to small farmers from villages at high interest rates. Renato dreams of improving his family's standard of living. He wants to borrow PHP 50,000 to buy fertilizers, seeds and herbicides. He hopes the loan will be a big help for him. By taking this loan, we will not need to get a loan from the traders. So instead of paying high interest rates to the traders, he can spend his money on his children's food and education.



Loan details


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Loan details