Saturday, February 2, 2008

Short-term loan sought for Bunso Vangie

SEEKING $1260 short term loan for small farming business in Malasqui, Philippines.
Shown here is an estimate and spreadsheet on costs for a loan we are seeking for Bunso Vangie. This loan is needed only for 9 months. Its a loan of 51K PHP (US$1260) to prepare the present corn field for an ampalaya crop. Pictured at the top here to the left is a picture of an ampalaya vine. As you can see its a raised trellis that holds the vine. It's very expensive to prepare the field and it's 2.5 hectacre so it's very large.
The cool thing about all this is that after you loan this family the money for this small business, you get your money back and the family is left with half of their entire budgetary needs for 2008. So it's a great help for Bunso Vangie and her large extended family which numbers over 30 people.
Please contact me if there is any questions. You can email me at larriji@gmail.com. We need to get this crop in before the end of Feburary. So please hurry! Many thanks! God bless, L













1 comment:

larriji said...

I checked this out. It's a "payday" loan service in the UK, great for people who have a paycheck, but not really the ticket for people in extreme poverty with no income living in developing countries. But thanks for the help, even though it does read a bit like spam! We are looking into microlending services such as Kiva.org already.
L