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Planting and harvesting rice is how Valentino spends his time.

He has been growing rice for 20 years, and with his long experience in the farming business, Valentino can say that his expertise helps him to gain a higher income. He knows what his crops need, and when.

With his aim to get higher yields, Valentino is requesting a loan of PHP 30,000 to pay for the cost of land preparation and laborers for planting his fields. He will also use the loan to buy fertilizers and seeds.

Valentino expects higher income if he applies the exact amount of farm inputs required in his fields.

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
  • 380
    View loans »
    Philippines Loans Fundraising
  • $70,798,900
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Valentino to pay for the cost of land preparation and laborers for planting his fields.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 23, 2014
Jun 19, 2014
Currency Exchange Loss:
Nov 17, 2014