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Armando Salomão
Armando, 46 years old, was born in the city of Maputo and attended school until sixth grade. He is married and is a father of five children, of whom three have reached the age of majority and two are minors. In addition to his wife and children, he provides for a sister who is a student.

Armando is a tailor by profession, the owner of a tailor shop with two employees. He has a monthly liquid income of 5,000 MT.

This is his second loan with Hluvuku. He used to deal with Procredit, but he wound up discontinuing that because of the expenses incurred due to the distance between his home and that microfinancing bank.

With this loan, he plans to improve living conditions for his family, and he dreams of requesting another loan to furnish his home.
View original language description ↓
Armando Salomão N.
Localização: Boane
Actividade: Habitação – Compra de material de construção
Montante de Empréstimo: 10,000.00MT
Início: 19/05/2009
Período de pagamento: 16 meses

Armando de 46 anos nasceu na cidade de Maputo, estudou até sexta classe. Casado e pai de cinco filhos dos quais três são maiores e dois menores. Para além da esposa e filhos sustenta uma irmã estudante.
É alfaiate de profissão e é proprietário de uma alfaiataria e têm empregado duas pessoas.
Tem um rendimento liquido mensal de 5,000.00MT.
É segundo empréstimo com HLUVUKU e já vinha trabalhando com Procredit, mas acabou abandonando pela distancia entre sua residência e este banco de micro finanças que acarretava mais custos.
Com o empréstimo pretende melhorar as condições de habitabilidade da família e sonha solicitar outro empréstimo para equipar sua casa.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mozambique

  • $1,389
    Average annual income
  • 49
    View loans »
    Mozambique Loans Fundraising
  • $2,645,650
    Funds lent in using Kiva
  • 27.1
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Armando Salomão to buy construction material to build family home.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2009
Listed
Jun 22, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 9, 2010