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Ruchel Celestino

Update on Ruchel Celestino

Ruchel Celestino, a 38-year-old married father of two from Gango, Ozamis City, earns his income from his motorcycle transport service. In business for almost four years, he makes 3,000 PHP a month.

To improve his enterprise, Ruchel Celestino is borrowing 6,000 PHP from GDMPC micro-credit, which he joined last year. He will use the loan to finance maintenance costs, and hopes to expand his business in the near future.

Previous Loan Details

Ruchel Celestino, aged 37, has two children and is a married entrepreneur from Gango, Ozamis City. He earns his income from his motorcycle transport service business which he started almost four years ago and from which he earns 3,000 PHP a month. To improve his business, Ruchel Celestino is ... More from Ruchel Celestino's previous loan »

Additional Information


Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 419
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Ruchel Celestino to finance maintenance costs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 18, 2013
Jun 29, 2013
Currency Exchange Loss:
Jan 17, 2014