Funded

Total loan: $625
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Reynaldo


A loan of $625 helped to buy fertilizers and insecticides in order to maintain good crops from his farm.


Reynaldo's story

Reynaldo is a humble farmer from San Pedro, Alicia in the province of Isabela. He is married to a housewife, and he is now 42 years of age. They were blessed with four children, whom he sends to school. Reynaldo owns a hectare plot of land which he plants and cultivates with rice to merchandise. This is Reynaldo's primary source of income. He usually acquires a net income of 20,000 PHP each harvest season, during the months of April and November. Now, Reynaldo is borrowing a loan amount of 25,000 PHP to buy fertilizers and insecticides in order to maintain good crops from his farm. In the future, he aims to alleviate his family from poverty.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: November 16, 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 16, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)