A loan of $475 helped to buy fertilizers and insecticides used in farming.


Teofilo's story

Teofilo is 37 years of age and married with two children. To support his family, he engages in his farming business. Besides himself, his wife also helps him in doing some farm activities such as planting. With their harvested rice, they are able to finance their daily expenditures. Aside from that, some of their yield serves as their daily food intake. Wanting to harvest more yield, Teofilo wants to avail himself of a loan amounting to PHP 20,000. He intends to use the loan to buy fertilizers and insecticides. According to Teofilo, that requested amount will surely assist him in improving his family's economic situation.



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Loan details