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Saturnina
Saturnina is a 49-year-old married woman from Talibon, Bohol. She has seven children. She engage in making “panggal” (crab traps). She makes crab traps out of bamboo. Her husband is a farmer. His income would not be enough by itself for the family. Saturnina applied for a loan of 6,000 PHP to buy bamboo and nipa palm, to produce more crab traps. In the future, Saturnina would like to invest in other businesses to be able to improve their standard of living.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>

About Community Economic Ventures, Inc.

Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.

You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.

About Philippines

  • $7,000
    Average annual income
  • 1042
    View loans »
    Philippines Loans Fundraising
  • $57,705,875
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Saturnina to buy bamboo and nipa palm to use in making "pangal" (crab traps).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013