A loan of $1,175 helped to buy fertilizers and pesticides and to pay laborers.

Ireneo's story

Ireneo is 55 years old, married and living with his family in a rural community. He is a farmer who has cultivated his farmland by planting rice for almost 30 years. Being a responsible father, he aims to improve his livelihood in order to fulfill the daily needs of his family, especially to support the education of his four children.

To this end, he wanted to expand his rice farming business in order to increase his yields and income. Due to insufficient capital, he is requesting a loan of PHP50,000 that he will use to buy fertilizers, pesticides and to pay labor costs during land preparation. He is hoping that the loan will be granted for his business to become more progressive.

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Loan details