Rice farmers face many problems that limit their possibilities for growth. ECLOF seeks lending capital (not administration funds) to increase their capital and extend lending activities. The loans will reduce the farmers' finance costs from money lenders, and provide additional savings: from buying supplies in bulk to getting better selling prices by selling together. Each farmer should expect more than $100 in savings or increased income from the loans, up to 10% of their annual income.
Loans to farmers are used to buy seed, supplies and other farm income-generating activities. Repaid loans revolve and are lent to more farmers during the next farming cycle, so a contribution works indefinitely. Interest pays administrative costs.
Increased family income will ensure better family nutrition (better food), children's education, improved living conditions (people usually improve their homes, fix leaking roofs, etc.), expansion of businesses and a rise out of poverty.