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Valentin is married with three school-aged children. Valentin is a farmer working in the Philippines and has been doing this work for 10 years.

Valentin is asking for a loan of PHP 25,000 to purchase fertilizer and seed to grow for his farm. Valentin hopes this loan will expand his operations. Currently, Valentin earns Php 30,000 every crop season in this field of work.

In the future, Valentin hopes that his farm will improve to be able to support the needs of his family.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $7,000
    Average annual income
  • 1818
    View loans »
    Philippines Loans Fundraising
  • $60,851,250
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Valentin to buy fertilizer and seed to grow.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 11, 2011
Jun 11, 2011
Currency Exchange Loss:
Nov 18, 2011