Sergio Salomão Muianga


Status: Paying Back

$750.00   Loan Amount
36% repaid

About the Entrepreneur

Name: Sergio Salomão Muianga
Location: Boane, Maputo, Mozambique
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: To buy construction materials to build onto family home
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 23, 2009
Date Disbursed: Jun 29, 2009
Date Funded:Jul 24, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:26.7000 MZN = 1 USD



Sergio Salomão Muianga is a native of Maputo. He is 28 years old, has finished high school, is married and the father of a child who is still a minor in school. He lives in his house, built in the very same place in the neighbourhood of Massaca in Boane. He has never moved and has always lived with his family.

He works for the government as a teacher in one of the elementary schools in Boane. He learned this profession in the Institute of Elementary Teachers of Matola, and has practiced this job since 2003. He earns a monthly salary of 5,500 MT and manages to set aside 500 MT in his bank account.

He has never had loans with other banks; this is his first with Hluvuku-Adsema in the amount of 20,000 MT, for purchasing construction materials to build onto his house.

He promises to pay the loan back without problem so that in future he can accede to more loans and fulfill his dream of starting his own business.

Translated from Portuguese by Heidi Petersen, Kiva Volunteer


Sergio Salomão Muianga, natural de Maputo, de 28 anos de idade, com nível médio de escolaridade já concluído, casado e pai de um filho menor de idade escolar.
Vive na sua casa construída no mesmo espaço físico no bairro da Massaca, em Boane.
Nunca mudou de residência e sempre viveu com a sua família.

Trabalha para o governo como Docente numa das escolas primarias de boane. Aprendeu esta profissão no Instituto de Magistérios Primários da Matola e exerce esta tarefa desde 2003. Ganha um salário, mensalmente, no valor de 5.500,00MT e consegue poupar na sua conta bancaria 500,00MT.

Nunca teve empréstimos com outros bancos e este é o seu primeiro com a Hluvuku-Adsema no valor de 20.000,00MT para compra de materiais de construção/ ampliação da sua casa.

Compromete se a pagar sem problemas para no futuro aceder a mais empréstimos e cumprir o sonho de iniciar uma actividade comercial.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Sergio Salomão Muianga


Loan has been disbursed
 
Entrepreneur: Sergio Salomão Muianga
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Sergio Salomão Muianga 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 Boane, Maputo, Mozambique
Jul 25, 2009
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Kiva Help Repayment Schedule for Sergio Salomão Muianga

  Expected Repayments Actual Repayments Comments
September 2009 $34.06 $34.06 Repayment Received
October 2009 $35.46 $35.46 Repayment Received
November 2009 $36.92 $61.50 Repayment Received
December 2009 $38.44 $142.45 Repayment Received
January 2010 $40.02 Available Jan 1 Repayment Received
February 2010 $41.66 Available Feb 1 Repayment Received
March 2010 $43.38 Available Mar 1 Repayment Received
April 2010 $45.16 Available Apr 1  
May 2010 $47.01 Available May 1  
June 2010 $48.95 Available Jun 1  
July 2010 $50.96 Available Jul 1  
August 2010 $53.05 Available Aug 1  
September 2010 $55.23 Available Sep 1  
October 2010 $57.50 Available Oct 1  
November 2010 $59.86 Available Nov 1  
December 2010 $62.34 Available Dec 1