Antonio Mandito Gasolina


Status: Paying Back

$650.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Antonio Mandito Gasolina
Location: Boane, Maputo, Mozambique
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $650.00
Loan Use: Construction Supplies
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Oct 19, 2009
Date Funded:Nov 7, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:28.8000 MZN = 1 USD



António Gasolina, a native of Gondola, in Manica, Mozambique, is 42 years old, married and the father of four children ages 14, 11, 9, and 4, all students. He finished 10th grade but had to drop school to join the army. He lives in his house with his family and supports all of them.

He's been employed at the Ministry of National Defense for the past 28 years. He works 8 hours a day and makes 7.725,00MT (U$260) per month. With that money he supports his family and uses what's left to finish building his house.

This is Antonio's first loan and he's asking for 18.000,00MT (U$650) to buy cement and other construction materials in order to finish his house. He hopes to pay this without a problem so he can get other loans in this future and start his own business.


Translated from Portuguese by Mariana Dauwe, Kiva Volunteer


António Gasolina, natural de Gôndola, província central de Manica, tem 42 anos de idade, casado e pai de 05 filhos de 14, 11, 09 e 04 anos de idade, os três primeiros vão a escola. Estudou ate 10ªclasse, parou de estudar quando ingressou no Serviço Militar Obrigatório. Vive na casa própria em Boane e não sustenta mais ninguém além dos filhos.

Em 1992 saiu de Manica em missão de serviço para o distrito da Manhiça, província de Maputo, dois anos depois juntou-se com a sua esposa. Fixou sua residência neste distrito.
É funcionário do Ministério da Defesa Nacional (militar), há 28 anos e faz 08 horas diárias, ingressou no Serviço Militar em Gôndola em 1981, o seu rendimento mensal e de 7.725,00mt com o qual sustenta a família e consegue poupar algum para investir na sua obra.

Este é o seu primeiro empréstimo na Hluvuku e nunca tinha trabalhado com nenhuma outra instituição financeira. Conheceu a Hluvuku através dos colegas do serviço que também são clientes da instituição tendo aproximado e solicita este seu primeiro empréstimo no valor de 18.000,00mt para comprar cimento barrotes e outros para dar continuidade a sua obra.
Compromete-se a pagar bem o empréstimo para poder aceder a outros financiamentos para 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 Antonio Mandito Gasolina


Loan has been disbursed
 
Entrepreneur: Antonio Mandito Gasolina
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to ANTONIO MANDITO GASOLINA 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
Nov 8, 2009
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Kiva Help Repayment Schedule for Antonio Mandito Gasolina

  Expected Repayments Actual Repayments Comments
January 2010 $29.52 Available Jan 1  
February 2010 $30.74 Available Feb 1  
March 2010 $32.00 Available Mar 1  
April 2010 $33.31 Available Apr 1  
May 2010 $34.68 Available May 1  
June 2010 $36.11 Available Jun 1  
July 2010 $37.59 Available Jul 1  
August 2010 $39.14 Available Aug 1  
September 2010 $40.75 Available Sep 1  
October 2010 $42.42 Available Oct 1  
November 2010 $44.16 Available Nov 1  
December 2010 $45.98 Available Dec 1  
January 2011 $47.86 Available Jan 1  
February 2011 $49.84 Available Feb 1  
March 2011 $51.88 Available Mar 1  
April 2011 $54.02 Available Apr 1