Funded

Total loan: $1,225
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A loan of $1,225 helped to buy fertilizers, insecticides and herbicides used in farming.


Desiderio's story

Desiderio is a rice grower in Lanna. He is 45 years old and married. He has four children in school. His wife Luisa is a vegetable vendor. They work hand-in-hand to improve their living conditions.

Desiderio gains an income of 25,000 Philippine pesos (PHP) twice a year, during harvest season, from selling his crops. He aims to improve his production.

Increasing production would require farm inputs to sustain his crops, but he has insufficient funds. That is why he is asking for a loan of 50,000 PHP to buy fertilizers, insecticides and herbicides used in farming.

With enough sustenance, his crop production will improve. He will be able to harvest it profitably and earn the income necessary to pay for all tuition fees and his family's daily needs. He also would like to save funds for unexpected expenses for the family.



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)