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Geraldo Francisco
Geraldo Francisco C. was born in the Zavala province of Inhambane. He is 38 years old, married, and is the father of 2 children who are 9 and 13 and both attend school. Aside from his own family, he also supports 3 nephews. He studied until the 6th grade but had to stop because of the war. He lives with his family in his own home.



Geraldo left Zavala for Maputo with his family when he was 16 to take refuge from the civil war that ended in 1992. He arrived in Maputo and worked with his cousin as a driver for a tram for 10 years. Later on he found a job with the gas station Petromoc (Petroleum of Mozambique) where he continues to work today.



Aside from this work and as his monthly salary is 5.000,00MT, with which he supports his family, he has a business selling tires. He buys the tires at 1.350,00MT and sells them for 1.950,00MT and he earns a good return which he saves in the bank.


He has never taken out a loan with another bank and this is his 4th loan with Hluvuku-Adsema in the amount of 15.000,00MT to buy and sell the tires and other accessories. He learned of the institution through his friends and neighbors who are also clients. The first loans he took were used for the same purpose and were for the amounts of 7.500,00MT, 15.000,00MT, and 25.000,00MT, respectively.



He plans to pay back the loans without problems to be able to have access to more loans to finance his dream of improving his services, constructing a conventional establishment, including a car wash.

View original language description ↓
Geraldo Francisco C. nasceu em Zavala província de inhambane,de 38 anos de idade, casado e pai de 2 filhos de 9 e 13 anos de idades, todos frenquentam escola. Para alem da família sustenta mais 3 sobrinhos que estão sob sua responsabilidade. Estudou ate 6 classe tendo parado devido à guerra. Vive com sua família na casa própria.

Geraldo saiu de Zavala quando tinha 16 anos para refugiar se na cidade de maputo devido à guerra civil que terminou no ano de 1992, juntamente com sua família. Chegado a maputo, trabalhou com seu primo como cobrador no transporte semi- colectivo durante 10 anos e mais tarde arranjou emprego formal nas bombas de combustível da Petromoc (Petróleos de Moçambique) onde trabalha ate data hoje.

Para alem de estar a trabalhar e como o salário mensal de 5.000,00MT, com o qual sustenta sua família, faz o negocio de venda de pneus para viaturas. Compra o pneu a 1.350,00MT e vende a 1.950,00MT e consegue um bom rendimento que ate poupa no banco comercial.

Nunca teve empréstimos com outros bancos e este é o seu quarto credito com a Hluvuku-Adsema no valor de 15.000,00MT para compra e venda de pneus e outros acessórios para revender. Obteve informações acerca da instituição através de amigos e vizinhos que também são clientes da hluvuku. Os primeiros empréstimos foram de para a mesma actividade nos valores de (7.500,00MT; 15.000,00MT e 25.000,00MT) respectivamente.

Propõe se a pagar os empréstimos sem problemas para poder aceder a mais créditos para cumprir o sonho de melhorar a forma de prestação de serviços construindo um estabelecimento convencional, incluindo lavagem de viaturas.

About Mozambique

  • $1,200
    Average annual income
  • 135
    View loans »
    Mozambique Loans Fundraising
  • $2,804,850
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Geraldo Francisco purchase and sale of car tires.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2010