Funded

Total loan: $525
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A loan of $525 helped to buy necessary farming materials to improve the farm plot and to pay for the cost of hired laborers.


Rodolfo's story

Rodolfo aims to have a better way of living and increase his income. To make his dream come true, he does his best to earn greater profits.

Rodolfo has 1.5 hectares of farmland on which he grows rice crop. He has worked hard for seven years and made sacrifices to make his rice field productive. The income generated from his business has been used to sustain his family's needs and support their education. He spends much on his children's education because he would like to educate them. The capital intended for his farming business is no longer enough due to the high cost of basic commodities and increase of his children's allowances. Due to having insufficient funds for his farming business, he is asking for a loan of PHP 22,000 to buy necessary farming materials to improve the farm plot and and to pay for the cost of hired laborers in preparation for the plot to be planted.

He hopes that his loan will be approved so he can succeed.



Loan details

Loan length:

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