A loan of $600 helped to buy fertilizers and insecticides for the maintenance of his crop.


Nestor's story

Nestor is a farmer who owns and manages a rice farming business in his community. He is now 55 years old and has four grown-up children. Due to hardships of life, he aims to increase the crop's yield and his income to cover his expenses and save some money for future emergencies. He has been a farmer for almost 20 years and usually earns a profit of 22000 PHP in every harvest season. His income is usually spent on food, clothing, transportation and other household expenses. To improve his farming business, Nestor is asking for additional capital of 25000 PHP, which will be used to buy fertilizers and insecticides for the maintenance of his crop. He hopes that he will have a high yield this coming harvest season.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: August 10, 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: August 10, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)