Evelyn Gabute

Status: Paid Back

$475
Loan Request
Pre-Disbursed : Aug 19, 2009
Listed: Sep 18, 2009
Funded: Sep 18, 2009
$475
Paid Back
Ended: Jan 15, 2010

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:47.7500 PHP = 1 USD


About the Loan

Location: Caloocan City, Philippines   Repayment Term: 6 months
(more info)
Activity: Musical Instruments   Repayment Schedule: Monthly
Loan Use: to purchase raw materials needed in making violins   Currency Exchange Loss: Covered
      Default Protection: Covered
Evelyn Gabute, 55 years old and from Tala, Caloocan City, believes that early training in classical music is a form of immunization and a mode to create healthy, secure individuals.



Evelyn (and her husband Angelito in photo) is a music enthusiast. Fifteen years ago, they started making engineered instruments, initially violins made of tropical wood which is bountiful in their forest-like village. They also offer repair services for run-down violins and other stringed instruments, restoring them to sound great again, just like a Stradivarius or a Guarnerius. Later, most of their violin clients asked for saxophones and other brass instruments. Evelyn says the net income from their violin shop now reaches at least P20,000 a month.



Evelyn says they have even gotten more clients since she joined the Center for Community Transformation (CCT) Credit Cooperative in 2006. From their profit, this husband and wife team has already put up a small store selling school supplies and looks forward to venturing into other businesses as well.



Evelyn now needs a new loan in the amount of P22,000 to purchase raw materials needed for the production of violins. She has dreaming of putting up a showroom for their crafts in a mall or any commercial center. Evelyn also wishes to see her only daughter finish college.




About CCT



The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ.



CCT is a member of the Five Talents family.





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Journal entries for Evelyn Gabute


Loan has been disbursed
 
Entrepreneur: Evelyn Gabute
Location: Caloocan City, Philippines

Thank you for your loan. It has been disbursed to Evelyn Gabute by Center for Community Transformation Credit Cooperative (CCT) in Philippines. We are excited to watch this business grow. Over the 3 months of this loan, Center for Community Transformation Credit Cooperative (CCT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Caloocan City, Philippines
Sep 19, 2009
Comment on this entry

Borrower Update
 
Entrepreneur: Evelyn Gabute
Location: Caloocan City, Philippines

Dear Lenders,

Evelyn is thankful for the loan granted to her. She invested all of it to purchase materials for the production of violin.


Posted by Lala Yaun from Caloocan City, Philippines
Sep 30, 2009
Comments (3)

Progress in Geppetto's Workshop
 
Entrepreneur: Evelyn Gabute
Location: Caloocan City, Philippines

Angel and Evelyn Gabute used their entire loan to purchase maple wood from Germany to design and construct stringed instruments.

Angel builds and repairs violins, violas, cellos, drumsticks and guitars, while Evelyn handles the sales and operations. In addition, the duo perform demos at universities around the Philippines, as most of their customers come from music departments at neighboring schools.

With a larger loan, Angel and his wife plan to move their workshop to a bigger space, hire two employees, and market their instruments in neighboring countries (Thailand, Malaysia and Singapore, and eventually the US). A master violin may take up to 2 months to complete and costs about 15,000 pesos ($317 USD) to make. The violins can then be sold for 30,000 to 50,000 pesos ($635 to $1,058 USD) locally, but the real money comes when selling the violins in other countries where he expects to make $2,000 and as high as $5,000. Angel’s work has already been proven in other countries and one of his instruments is used in concerts by the Kabayao quintet, a family of Filipino musicians.

Angel says his main competitors for fine instruments come from Germany and Italy. He also mentioned that low-cost Chinese manufacturers sell violins for as little as 3,500 pesos ($74 USD). Fortunately for the Gabute’s, these instruments are often not playable (sound terrible) and warp in the humidity of the Philippines. A large portion of their business, in fact, involves modifying and repairing Chinese instruments so that they can be played as intended.

Although Angel’s skill is his craftsmanship, he is also a talented, self-taught musician. He recently won first place in a national guitar competition and was told by the head of Cultural Center of the Philippines (CCP) that while his instrumental major might be in crafting, his minor is in playing. Today, Angel is responsible for repairing all instruments at the CCP, and he was recently featured on national television for the second time.

Angel is also an amateur inventor. The machine he is using below was made and designed by the couple and put together from various parts they were able to purchase locally. He also made a much more convenient clip for violins.

To Read more about Evelyn and Angel and see some videos of them in their shop follow the link to the Fellows Blog:

http://fellowsblog.kiva.org/2009/10/27/a-violin-lesson-in-geppetto’s-workshop/

If you would like to support CCT borrowers, join our new lending team:

http://www.kiva.org/community/viewTeam?team_id=9184


Posted by Prem Thomas from Caloocan City, Philippines
Oct 27, 2009
Comments (1)

Kiva Help Repayment Schedule for Evelyn Gabute

  Expected Repayments Actual Repayments Comments
November 2009 $190.00 $190.00 Repayment Received
December 2009 $126.67 $126.67 Repayment Received
January 2010 $126.66 $126.66 Repayment Received
February 2010 $31.67 $31.67 Repayment Received