Domingos Xavier Tembe


Status: Paying Back

$1,000.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Domingos Xavier Tembe
Location: Boane, Maputo, Mozambique
Activity: General Store

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase and sale of staple products
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 3, 2009
Date Disbursed: Dec 9, 2008
Date Funded:Jan 4, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:25.2000 MZN = 1 USD



Domingos Xavier Tembe is a native of Matola, one of the districts of the province of Maputo. He is 75 years old, married, and the father of 25 children. He has 37 grandchildren.

Domingos studied until the 4th grade and stopped when he was chosen to take a bible course through the church which he had to interrupt when his mother became gravely ill. From there he started working on the railways of Mozambique as a second official. Later he went to Portugal as a soccer player for three years then returned to Mozambique and continued to work the railways. He retired in 1990.

Domingos, after retiring, began a business that consisted in the purchase and sale of staple products, an activity that he continues to develop today. He has a commercial establishment and works 12 hours per day with the help of one of his children. He is able to earn a liquid monthly income of 7,000MT. He does not have any savings.

Translated from Portuguese by Jared Wandry, Kiva Volunteer


Domingos Xavier Tembe é natural da Matola um dos distritos da província do Maputo, tem 75 anos de idade, é casado e pai de 25 filhos, com 37 netos.

Domingos estudou até 4ªclasse e parou quando foi escolhido para ir tirar o curso Bíblico pela igreja qual teve que interromper quando a sua mãe ficou gravemente doente, dai que começou a trabalhar nos Caminhos de Ferros de Moçambique com segundo oficial e mais tarde foi a Portugal como jogador tendo permanecido por três anos e volta a Moçambique e continuou a trabalhar nos C.F.M tendo reformado em 1990.

Domingos depois da reforma iniciou um negócio que consistiu na compra e venda de produtos da primeira necessidade actividade que desenvolve até data hoje. Com um estabelecimento comercial e trabalha durante 12 horas por dia e conta com ajuda de um dos seus filhos. Desta consegue um rendimento mensal líquido de 7000,00mt. Não faz poupança.

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Journal entries for Domingos Xavier Tembe


Loan has been disbursed
 
Entrepreneur: Domingos Xavier Tembe
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Domingos Xavier Tembe 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
Jan 4, 2009
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Update on Domingos Xavier Tembe's Kiva Loan
 
Entrepreneur: Domingos Xavier Tembe
Location: Boane, Maputo, Mozambique

Alo from Boane, Mozambique,

Last week I visited Domingos Tembe in the Campoane district of Boane, Mozambique. Domingos owns a sizable property on which he has several different projects going on. Since 2001 he has been working his small storefront on his property. With his loan he bought products for his store. Domingos says that the biggest difficulties he is facing right now are increases in the cost of water and electricity. That being said these factors are not impeding the growth of his business.

On his property Domingos also raises ducks. Currently there are only a few ducks on his property as he is making improvements to his coop and putting money together to buy feed and other inputs associated with raising ducks. In general Domingos says things are “good” and he is very happy with his business and the outlook for the future.

Here is a short video of Domingos talking about what he sells in his store and what his best selling product is. Enjoy!

Thanks for being a part of Domingos' success!

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
Aug 11, 2009
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Kiva Help Repayment Schedule for Domingos Xavier Tembe

  Expected Repayments Actual Repayments Comments
March 2009 $43.94 $43.94 Repayment Received
April 2009 $45.93 $45.93 Repayment Received
May 2009 $48.01 $48.01 Repayment Received
June 2009 $50.18 $50.17 Repayment Received
July 2009 $52.44 $52.44 Repayment Received
August 2009 $54.81 $54.81 Repayment Received
September 2009 $57.29 $57.30 Repayment Received
October 2009 $59.88 $59.88 Repayment Received
November 2009 $62.59 $0.00 Repayment Received
December 2009 $65.42 $308.83 Repayment Received
January 2010 $68.38 Available Jan 1 Repayment Received
February 2010 $71.47 Available Feb 1 Repayment Received
March 2010 $74.70 Available Mar 1  
April 2010 $78.07 Available Apr 1  
May 2010 $81.60 Available May 1  
June 2010 $85.29 Available Jun 1