Anabe Sustiguer


Status: Paid Back

$150.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Anabe Sustiguer
Location: Veruela, Agusan Del Sur, Philippines
Activity: Farming

About the Loan

Loan Amount: $150.00
Loan Use: To purchase 2 sacks of fertilizer and seeds
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 8, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3355 PHP = 1 USD



Anabe Sustiguer is a rice farmer. She has 5 children and big dreams for her family. At first, she was hesitant to go into farming. Her husband, Nicolas Sustiguer, convinced her to have a small farm to provide their livelihood, and they started by renting a farm. Later on they were able to buy the lot and earn a larger income for their family.

She wants to use the loan to develop her business.

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Journal entries for Anabe Sustiguer


Loan has been disbursed
 
Entrepreneur: Anabe Sustiguer
Location: Veruela, Agusan Del Sur, Philippines

Thank you for your loan. It has been disbursed to Anabe Sustiguer by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Veruela, Agusan Del Sur, Philippines
May 9, 2009
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Anabe Sustiguer, Loan Update
 
Entrepreneur: Anabe Sustiguer
Location: Veruela, Agusan Del Sur, Philippines

After receiving a loan, Anabe Sustiguer bought 2 sacks of fertilizers to improve her harvest. She also used some of the loan to buy the needs in their family. The loan was really helpful because without it, she might ran to the loansharks to be able to buy the farming necessities. The loan sharks puts bigger interest rate in their loans.


Posted by Jonathan Neri from Veruela, Agusan Del Sur, Philippines
Oct 15, 2009
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Kiva Help Repayment Schedule for Anabe Sustiguer

  Expected Repayments Actual Repayments Comments
November 2009 $150.00 $150.00 Repayment Received