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Celestino Ferdinand
Celestino Ferdinand is 49 years of age, married, and blessed with four children. They are harmoniously residing in the village of Pulay. His wife manages a retail store, while he is working at the private hospital as a radiology technician. Being a father is not easy for him, but he wants to give a better and bright future to their children, that's why he's asking for a loan amounting to Php 20,000 to pay for the books and uniforms of Rochelle Anne.

His daughter, Rochelle Anne, is taking up BS Accountancy at Our Lady of Pillar College in Cauayan City, Isabela. According to her, she choose the said course because accounting and financial matters is her forte. Rochelle Anne wants to achieve her dream to become a certified public accountant someday, thus she is hopeful that lenders will grant her father's request.

Additional Information

More information about this loan

This loan is part of ASKI’s effort to provide capital for low-income students to access higher education. ASKI has designed two loan products intended to fulfill different needs. This loan product covers tuition fees and allowances for an entire educational program. The repayment term for the latter loans will typically be longer – up to 8 years. Students begin repaying their loans once they graduate. 
By funding this loan, you are giving students access to higher education under flexible terms that will fit their needs.

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
  • 688
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Celestino Ferdinand to pay for the books and uniforms for Rochelle Anne.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2014
Jul 7, 2014
Currency Exchange Loss:
May 30, 2015