Fatima João Boene

Status: Paying Back

$650.00		Loan Amount

93% repaid

About the Entrepreneur

Name:	Fatima João Boene
Location:	Boane, Maputo, Mozambique
Activity:	Construction

About the Loan

Loan Amount:	$650.00
Loan Use:	To buy materials to build family house
Repayment Term:	18 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 12, 2008
Date Disbursed:	Jul 26, 2008
Date Funded:	Jul 12, 2008

About the Field Partner

Field Partner:

Hluvuku-Adsema

Field Partner Risk Rating:

(Learn more)

Active

36 months

808

$501,550

0.96%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mozambique
Avg Annual Income:	$1,389.00
Currency:	Mozambique Meticais (MZN)
Exchange Rate:	23.8000 MZN = 1 USD

Fatima João Boene is 27 years old and was born in Boane. She is single and lives alone with her 5-month-old daughter. Fatima has never lived outside her hometown. She was trained at the elementary teacher training center as an elementary school teacher. She is currently living in her pantry because her house is under construction.

Fatima has been teaching at a public school for 3 years, and receives a monthly salary of 2,640.00 MT. This is her 3rd loan with Hluvuku and her first through Kiva. She has never taken out loans through other institutions. She found out about Hluvuku by chance when she walked by and saw an announcement. She decided to stop and get information, and later on put in her first request, which was approved.

This loan will go toward buying building materials. Her greatest dream is to see her house built and furnished.

Translated from Portuguese by Jill Haring, Kiva Volunteer.

Fatima João Boene tem 27 anos de idade, natural de Boane e residente em mesmo distrito, solteira e mae de uma filha de 5 meses. Ela vive sozinha com a filha.

Fatima nunca mudou de cidade é formada como professora do ensino primário. Nestre momento vive na dispensa dado que a casa está em construção.

Fatima dá aula numa escola publica a 3 anos e tem um salário mensal de 2640,00mt e consegue poupar 1600,00mt por mês. Aprendeu o seu trabalho no centro de formação dos professores primários.

Este é o terceiro empréstimo para Fatima na Hluvuku e primeiro no kiva e nunca teve noutras instituições. Conhece Hluvuku por casualidade estando a passar e viu a escrita e assim decidiu entrar para se informar da s condições e assim mais tarde veio a apresentar o seu primeiro pedido e este foi aprovado.

Assim este empréstimo destinara para compra de material de construção e constitui seu grande sonho ver a sua casa concluída e mobilada.

Lenders to this entrepreneur

Warren
Tucson, AZ
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Jill
Splashdown, WA
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Kara

Creative Memories
Huntington, WV
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Elizabeth
Dublin, Dublin
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Jennifer Donahue
Agoura, CA
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Gabriel
Rio de Janeiro, RJ
Brazil

Anonymous
Seattle, WA
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NFernandez
chicago, IL
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Vaughan
Wellington, North Island
New Zealand

Rob
Toronto, Ontario
Canada

CherylS
kivafriends.org, Littleton, NC
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George & Caroline
Pittsburgh,, PA
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Jessica
San Francisco, CA
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Joan
New Paltz, NY
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Allison
Godfrey, Ontario
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Samina
Bullhead City, AZ
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NICOLE C
New York, NY
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Tom
Atlanta, GA
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Minh
Pleasant Hill, CA
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Don & Sharon
Williamsburg, VA
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kristen
vancouver, British Columbia
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Tammy & Mike
St. Louis, MO
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tracey
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Saravanakumar
Pacifica, CA
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Journal entries for Fatima João Boene

Loan has been disbursed Entrepreneur: Fatima João Boene Location: Boane, Maputo, Mozambique Thank you for your loan. It has been disbursed to Fatima João Boene by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the next 16 months, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Bernardo Luis Tembe from Boane, Maputo, Mozambique Jul 15, 2008
Comment on this entry

Update on Fatima Boene's Kiva Loan! Entrepreneur: Fatima João Boene Location: Boane, Maputo, Mozambique Fatima Boene has been working on the construction of her home since 2006. She has been able to construct the home bit by bit as money has been available. With help from her Kiva loan construction of the home is almost complete. Fatima and her young child are currently living in overcrowded quarters with Fatima's parents. Being able to move into her home will give Fatima further independence and provide adequate space for her and her child. In the future Fatima would like to construct small rental units on her property to supplement the income she gets as an elementary school teacher. She also dreams of one day opening up a beauty salon. Fatima's first experience with microcredit was with Hluvuku. She said that without microcredit it would have taken her ages to build her home. 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 microfinance as a means to commence construction of their home. Thank you for supporting Fatima's project! 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

Repayment Schedule for Fatima João Boene

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	Expected Repayments	Actual Repayments	Comments
October 2008	$40.62	$41.00	Repayment Received
November 2008	$40.62	$41.00	Repayment Received
December 2008	$40.62	$41.00	Repayment Received
January 2009	$40.62	$39.50	Repayment Received
February 2009	$40.62	$40.63	Repayment Received
March 2009	$40.62	$40.63	Repayment Received
April 2009	$40.62	$40.63	Repayment Received
May 2009	$40.62	$40.63	Repayment Received
June 2009	$40.62	$40.62	Repayment Received
July 2009	$40.62	$40.63	Repayment Received
August 2009	$40.62	$40.63	Repayment Received
September 2009	$40.62	$40.54	Repayment Received
October 2009	$40.62	$40.62	Repayment Received
November 2009	$40.62	$40.62	Repayment Received
December 2009	$40.62	$40.62	Repayment Received
January 2010	$40.70	Available Jan 1