Lucas Manuel Chipanga


Status: Paying Back

$375.00   Loan Amount
29% repaid

About the Entrepreneur

Name: Lucas Manuel Chipanga
Location: Catembe, Maputo, Mozambique
Activity: General Store

About the Loan

Loan Amount: $375.00
Loan Use: Buying and selling clothing material
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 28, 2009
Date Disbursed: Apr 19, 2009
Date Funded:May 29, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.1500 MZN = 1 USD




Lucas Manuel Chipanga was born in Maputo. He is 44 years, married, and has 4 children aged 22, 20, 18, and 16. Besides supporting his children, he also supports his mother in-law, who lives with them.

Lucas had to stop going to school in the 5th grade because of his age. In 1983 he finished his training in clothes making and in 1986 he got his first job in a clothes-making business, where he worked for 2 years. After that he worked in several businesses until 1990, when he opened his own business as a tailor. He has this business until today, and earns a monthly income of 10,000 MT.

This is the first time Lucas is requesting a loan with Hluvuku. With the money he intends to buy material to better service his clientele. His dream for the future is to build a protective wall around his house and to buy a car that would help him serve his clients.




Translated from Portuguese by Jill Haring, Kiva Volunteer


Lucas Manuel Chipanga é natural de Maputo província, tem 44 anos de idade, casado maritalmente e pai de 4 filhos com idades entre 22, 20, 18, 16 anos respectivamente. Alem dos filhos, sustenta a sua sogra que mora com ela.

Lucas estudou até 5ªclasse e parou por causa da sua idade, em 1983 foi formada em corte e custura e em 1986 começa a trabalhar numa empresa de confecções de roupas onde apenas trablhou dois anos, depois procurou emprego noutras empresas e trabalhou em varias, em 1990 decide abrir uma alfaiataria iniciando seu próprio negocio qual desempenha até data hoje, com qual tem um rendimento mensal de 10000,00mt.

Lucas solicita empréstimo na Hluvuku pela primeira vez com qual pretende comprar tecido de forma a responder melhor a sua clientela. Futuramente sonha com a construção do muro de vedação da sua casa e compra de uma viatura para o ajudar nas deslocações durante a prestação do serviço.

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Journal entries for Lucas Manuel Chipanga


Loan has been disbursed
 
Entrepreneur: Lucas Manuel Chipanga
Location: Catembe, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Lucas Manuel Chipanga by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 15 months of this loan, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Catembe, Maputo, Mozambique
May 30, 2009
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Kiva Help Repayment Schedule for Lucas Manuel Chipanga

  Expected Repayments Actual Repayments Comments
July 2009 $16.48 $16.48 Repayment Received
August 2009 $17.22 $17.22 Repayment Received
September 2009 $18.00 $18.00 Repayment Received
October 2009 $18.82 $18.82 Repayment Received
November 2009 $19.67 $17.21 Repayment Received
December 2009 $20.56 $24.12 Repayment Received
January 2010 $21.48 Available Jan 1  
February 2010 $22.46 Available Feb 1  
March 2010 $23.47 Available Mar 1  
April 2010 $24.53 Available Apr 1  
May 2010 $25.64 Available May 1  
June 2010 $26.80 Available Jun 1  
July 2010 $28.01 Available Jul 1  
August 2010 $29.28 Available Aug 1  
September 2010 $30.60 Available Sep 1  
October 2010 $31.98 Available Oct 1