Aurea Alexandre Simao


Status: Paying Back

$450.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Aurea Alexandre Simao
Location: Boane, Maputo, Mozambique
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $450.00
Loan Use: Purchae of construction materials (cement, sand, etc.)
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 27, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.1251 MZN = 1 USD



Aurea was born in the northern province of Zambezia, in the city of Quelimae. She is 29 years old, and a single mother of 2 children aged 6 months and 10. She attended school through the tenth grade but dropped out due to respiratory problems. She lives in her own home with her children. She also supports her mother, who still lives in her native province of Zambezia, by sending money to her at the end of every month.

Aurea did not grow up with her parents. When she was still a baby she went to live in the Inhambane province with friends, and later lived in the city of Maputo (in a home left to her). She does not live with the father of her children. She lives off the rent she earns from a building that was left to her by her grandfather in the city of Maputo, which she rents out, earning 12.000,00MT monthly. She is using the money to build a brick home in phases, and to cover family expenses.

She learned to run a business (selling a variety of products) in the city of Maputo, before moving to Boane where she has lived for more than 10 years.

This is Aurea's first loan with Hluvuku-Adsema, in the amount of 12.000,00MT. It will be used to purchase construction materials (cement, sand, etc.) with the goal of completing construction on her home. Her future plans are to finish her home and build a small store. To do this she plans to repay the loan without any problems so that she can have access to future loans.





Translated from Portuguese by Michele Magrino, Kiva Volunteer


Aurea nasceu na província nortenha da Zambezia, na cidade de quelimane, de 29 anos de idade, solteira e mãe de 2 filhos de com idades compreendidas entre os seis meses e dez anos. Estudou ate 10 classe tendo parado por motivos de doença respiratória. Vive em casa própria com os filhos e sustenta também a sua mãe que encontra se a viver na província natal da zambezia, enviando lhe dinheiro no final de cada mês.

Não cresceu na companhia dos seus progenitores. Saiu ainda criança para viver na província de inhambane em casa de familiares e mais tarde na cidade de maputo (na casa oferecida). Não vive com o pai dos filhos. Sobrevive de aluguer de um imóvel que fora oferecida por seu avo na cidade de maputo que aluga e rende 12.000,00MT por mês e aplica na construção da casa de alvenaria em fases, assim com pagamento de despesas familiares.

Aprendeu a fazer negócios (venda de produtos diversos) na cidade de maputo, antes de se transferir para Boane onde vive há mais de 10 anos.

Este é o primeiro empréstimo da Aureca na Hluvuku-Adsema no valor de 12.000,00MT para compra de material de construção (cimento, areia e outros) com intuito de finalizar a obra de construção de casa de alvenaria.

Tem como plano futuro, concluir a obra e construir uma mercearia e para tal propõe se a reembolsar o empréstimo sem problema para poder aceder a mais empréstimos.





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Journal entries for Aurea Alexandre Simao


Loan has been disbursed
 
Entrepreneur: Aurea Alexandre Simao
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to AUREA ALEXANDRE SIMAO 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
Sep 28, 2009
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Kiva Help Repayment Schedule for Aurea Alexandre Simao

  Expected Repayments Actual Repayments Comments
December 2009 $20.44 $42.69 Repayment Received
January 2010 $21.28 Available Jan 1 Repayment Received
February 2010 $22.15 Available Feb 1  
March 2010 $23.06 Available Mar 1  
April 2010 $24.01 Available Apr 1  
May 2010 $25.00 Available May 1  
June 2010 $26.03 Available Jun 1  
July 2010 $27.09 Available Jul 1  
August 2010 $28.21 Available Aug 1  
September 2010 $29.37 Available Sep 1  
October 2010 $30.57 Available Oct 1  
November 2010 $31.83 Available Nov 1  
December 2010 $33.14 Available Dec 1  
January 2011 $34.50 Available Jan 1  
February 2011 $35.92 Available Feb 1  
March 2011 $37.40 Available Mar 1