Funded

Total loan: $850
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A loan of $850 helped to buy rice seeds as well as fertilizers and pesticides used in rice farming.


Gercicio's story

Gercicio is 50 years old and married. He has nine children, five of whom are studying in school and in need of daily allowances and matriculation fees.

Gercicio is planting and harvesting rice to sell. This is his viable source of income. He usually gains about 20,000 Philippine pesos (PHP) each harvest, which happens twice a year.

Gercicio wants to improve his output. That is why he is asking for a loan of 35,000 PHP to buy rice seeds as well as fertilizers and pesticides used in rice farming. He will invest any additional revenue to keep improving the business.

In the future, Gercicio would like to achieve abundant harvests and will save funds for his family's future expenses. He also promises to pay back his loan in full.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: November 14, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: November 14, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)