Rosalina Udodo Macie


Status: Paying Back

$950.00   Loan Amount
27% repaid

About the Entrepreneur

Name: Rosalina Udodo Macie
Location: Boane, Maputo, Mozambique
Activity: Construction

About the Loan

Loan Amount: $950.00
Loan Use: To buy construction supplies
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 26, 2009
Date Disbursed: Jun 15, 2009
Date Funded:Jun 27, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:26.7500 MZN = 1 USD



Rosalina Udodo Macie is 47 years old and the mother of three children between the ages of 16 and 25. She lives in Boane, where she also helps support her widowed sister. For the last 27 years, Rosalina has worked both day and night in a corner shop, selling goods of various kinds. She plans to use this loan, her second from Hluvku, to finish building her home. She successfully paid back her first loan, which she also used to help build her home.

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Journal entries for Rosalina Udodo Macie


Loan has been disbursed
 
Entrepreneur: Rosalina Udodo Macie
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Rosalina Udodo Macie by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 16 months of this loan, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Boane, Maputo, Mozambique
Jun 28, 2009
Comments (1)

Update on Rosalina Udodo's Kiva Loan!
 
Entrepreneur: Rosalina Udodo Macie
Location: Boane, Maputo, Mozambique

Construction of Rosalina Udodo's home is coming along well. With her loan from Kiva she was almost able to complete construction. She still needs to put a roof on the home and will look to take out further microloans to do so. Provided she can take out the necessary loans and construction continues along at its current pace Rosalina will be able to move into her home within a year. This will be an important move for her family of 5 as they currently live in very confined quarters.

Rosalina is a teacher at the local agricultural institute. She was been working there for the past 27 years and at this point is a real expert on all topics. She puts her expertise into practice on two small plots of land that she owns.

About housing in Mozambique: In rural Mozambique many people still do not live in proper homes. Years of civil war and economic shocks have inhibited residents from accessing capital and buying building materials for their homes. The last several years have been relatively prosperous and many residents are using micro finance as a means to commence construction of their home.

To learn more about microfinance in Mozambique visit the Kiva Fellows blog here

Be one of the first people to join the newly created Hluvuku-Adsema lending team here

To learn more about Hluvuku-Adsema visit there Kiva partner page here.


Posted by Cameron Morris from Boane, Maputo, Mozambique
Jul 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rosalina Udodo Macie

  Expected Repayments Actual Repayments Comments
September 2009 $42.95 $42.95 Repayment Received
October 2009 $44.74 $44.74 Repayment Received
November 2009 $46.61 $24.05 Repayment Received
December 2009 $48.55 $151.95 Repayment Received
January 2010 $50.57 Available Jan 1 Repayment Received
February 2010 $52.68 Available Feb 1  
March 2010 $54.87 Available Mar 1  
April 2010 $57.16 Available Apr 1  
May 2010 $59.54 Available May 1  
June 2010 $62.02 Available Jun 1  
July 2010 $64.60 Available Jul 1  
August 2010 $67.30 Available Aug 1  
September 2010 $70.10 Available Sep 1  
October 2010 $73.02 Available Oct 1  
November 2010 $76.06 Available Nov 1  
December 2010 $79.23 Available Dec 1