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Bienvenido, 48, is a hardworking man with three children living in the San Juan province of Isabela. His wants to educate his children and build a permanent house.

Bienvenido has been a farmer for 10 years; he started with 8000 PHP of capital. Now he's requesting a loan of 20000 PHP to buy seeds, fertilizer and insecticides for his farm. His major hardships are high fuel and transportation costs, price fluctuations and inflation. His goal is to diversify his farm.

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
  • 1817
    View loans »
    Philippines Loans Fundraising
  • $60,851,250
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Bienvenido to buy seeds, fertilizer and insecticide for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 15, 2012
Jun 3, 2012
Currency Exchange Loss:
Nov 19, 2012