Funded

Total loan: $650
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A loan of $650 helped to convert to organic farming methods.


Bernardo's story

Bernardo is happily married and blessed with two intelligent children. He is 42 years old and is engaged in farming, while his wife makes soft brooms for sale in their community. Bernardo's earnings support the daily needs of his family and he wants to ensure that he can provide a good future for them. However, he is experiencing difficulty with the cost of farm materials such as fertilizer, which have become expensive lately. To solve this dilemma, Bernardo is thinking of converting to organic farming - the traditional method of farming which is a lot cheaper than commercial farming. Such a shift to a healthier method of farming will require additional capital of PHP 28,000. This is why Bernardo wants to borrow money from a local institution. Bernardo always hopes for the health and unity of his family. He also wants his children, Mary Ann and Mary Jane, to finish college education because he knows how important it is for his children to have a better future. At the moment, he is so proud of his children who are able to help them in making soft brooms by simply going around the community to collect the materials that they need.



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)