A loan of $700 helped to buy three bags of rice seeds and eight bags of fertilizers to improve his farming business..


Reynaldo's story

Reynaldo is a farmer. He is 43 years old, married, and has five children. He is planting and harvesting rice to sell for his family needs. He sometimes hires laborers to help him plant and harvest rice. He usually get an average net income of PHP 30,000 during harvest season and uses it to support his family's needs; what's left is utilized as revolving capital in farming.

Reynaldo wanted to keep improving his farming business, that is why he is asking for a loan to buy three bags of rice seeds and eight bags of fertilizers for his farming. This will help maintain his good crop production. He hopes to become a successful rice grower someday.



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