A loan of $1,175 helped to purchase farm necessities such as insecticides, fertilizer, and rice seedlings.


Merlita's story

Merlita, 55 years of age, is married and they are blessed with four children. Her husband works as an OFW at Saudi Arabia. She's been in the farming business for almost 30 years and earned a net income of 100,000 PHP in the last harvest.

The profit that she earned was spent on her hog raising business and retail store business, but then due to insufficient funds for her farming activity she decided to apply to the generous lenders for a loan amounting to 50,000 PHP to purchase farm necessities such as insecticides, fertilizer, and rice seedlings. She's hoping that her requested loan will be granted to make her business more profitable.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: October 21, 2013
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: October 21, 2013
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)