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Vicente Boavida
Vicente Boavida N. is 64 years old. He was born in the province of Gazao, 240 km from Maputo. He is married and has four adult children who are all working.

He had to stop going to school in the second grade because of his parents' lack of financial resources. He doesn't support anyone else, apart from his wife.

He came to Boane when he was 48, seeking improved quality of life, and he lives with his wife in government housing. He's been a civil servant for 30 years and works for the district administrator of Boane. He earns a monthly salary of 3000 meticals.

He heard about Hluvuku through friends and has never obtained loans from other banks. This is his second loan, in the amount of 10,000 meticals, which he plans to use to purchase construction materials. His first loan was for 8000 meticals, which he used to buy consumer goods.

He intends to pay off this loan in accordance with the loan schedule so he can finish the house he's building soon and be able to furnish it.
View original language description ↓
Vicente Boavida N. de 64 anos de idade, nasceu na província de Gazao (a 240km de Maputo), casado oficial e pai de quatro filhos maiores de idade e estão todos a trabalhar.
Parou de estudar na segunda classe porque os seus progenitores não tinham condições financeiras. Não sustenta mais ninguém senao a esposa.

Chegou a boane a 48 anos a procura de melhores condições de vida e vive na casa do do estado com sua esposa. É funcionário do Governo a 30 anos e trabalha como servente da administradora do distrito de boane tendo salário mensal de 3.000,00mt.

Teve informações sobre a existência da hluvukua traves de amigos e nunca teve empréstimos com outros bancos. Este é o seu segundo empréstimo no valor de 10.000,00MT que pretende comprar material de construção. O primeiro crédito foi de 8.000,00Mt para compra de bens de consumo.

Propõe se a pagar em harmonia com o plano de prestações para terminar cedo a sua casa que esta cosntruindo em fases, para depois mobiliar.

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

  • $1,200
    Average annual income
  • 65
    View loans »
    Mozambique Loans Fundraising
  • $2,691,000
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Vicente Boavida to buy construction materials to build family house.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 14, 2010