Constancia Daniel Escova

Status: Paying Back

$525
Loan Request
Pre-Disbursed : Oct 13, 2009
Listed: Oct 28, 2009
Funded: Oct 29, 2009
20% repaid

About the Country

Country:Mozambique
Avg Annual Income:$1,389
Currency:Mozambique Meticais (MZN)
Exchange Rate:28.7000 MZN = 1 USD


About the Loan

Location: Boane, Maputo, Mozambique   Repayment Term: 18 months
(more info)
Activity: Personal Housing Expenses   Repayment Schedule: Monthly
Loan Use: purchase of construction materials (cement, stone, bricks, etc.)   Currency Exchange Loss: Possible
      Default Protection: Covered
Constância Catela Escova was born in Maganja da Costa in the northern province of Mozambique. She is 34 years old, married and the mother of three children aged 1, 7 and 12 years. The two oldest children go to school. She is in her third year at the faculty of pedagogical sciences at the Pedagogical University.

She lives in her own house with her family and a niece. Her husband works for himself as a locksmith.

When she was still young, she left Zambezia for Maputo with her sister for the purposes of continuing with her studies. Since then she has not returned again to Zambezia, as she later moved into her residence in the district of Boane, where she still lives today.

She has been a teacher for six years and works five hours a day, having graduated from IMAP-Matola (Institute of Elementary Education of Matola) seven years ago. Currently, she receives a monthly salary of 5,676 MT, and saves some every month in the commercial bank BIM.

She has already had a loan from PROCREDIT (a Mozambican credit institution) in the amount of 50,000 MT, which was intended for the acquisition of a means of transportation, but she decided not to continue with it afterwards for various reasons.

She got to know about Hluvuku through a friend, and this is her first loan in the amount of 15,000 MT, with which she plans to buy bricks, stones, sand and other items.

She promises to repay the loan faithfully, since she plans to continue to ask for more money in order to be able to finish construction and then get furniture.


Translated from Portuguese by Heidi Petersen, Kiva Volunteer


Constância Catela Escova nasceu em Maganja da costa, na província nortenha de Moçambique, tem 34 anos de idade, casada e mãe de 3 filhos de 01,07 e 12 anos de idade, os dois mais velhos vão à escola. Esta a fazer o 3º ano de faculdade de ciências pedagógicas na Universidade Pedagógica.
Vive na casa própria com a família e uma sobrinha, o seu marido trabalha como serralheiro a conta própria.

Saiu de Zambézia para Maputo ainda jovem com sua irmã, a fim de continuar com os estudos, desde então não voltou mais para Zambézia tendo mais tarde instalado a sua residência no distrito de boane, onde vive ate hoje.

É professora efectiva há 06 anos e faz 05 horas diárias, formou-se no IMAP-Matola (Instituto do Magistério Primário da Matola) há 07 anos, actualmente aufere um salário mensal de 5.676,00MT, poupa algum mensalmente no Banco comercial (BIM).

Já fez empréstimo na PROCREDIT (Uma instituição Moçambicana de credito), no valor de 50.000.00MT destinados à aquisição de um meio de transporte depois decidiu não continuar por vários motivos.
Conheceu a Hluvuku através de uma amiga e este é o seu primeiro empréstimo no valor de 15.000.00MT com o qual pretende comprar blocos, pedras, areia e outros.

Compromete-se a pagar bem o empréstimo, pois pretende continuar a pedir mais para poder concluir a obra e depois mobilar.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Constancia Daniel Escova


Loan has been disbursed
 
Entrepreneur: Constancia Daniel Escova
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to CONSTANCIA DANIEL ESCOVA 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
Oct 30, 2009
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Kiva Help Repayment Schedule for Constancia Daniel Escova

  Expected Repayments Actual Repayments Comments
January 2010 $23.85 $54.90 Repayment Received
February 2010 $24.82 $51.97 Repayment Received
March 2010 $25.85 Available Mar 1 Repayment Received
April 2010 $26.90 Available Apr 1 Repayment Received
May 2010 $28.02 Available May 1  
June 2010 $29.16 Available Jun 1  
July 2010 $30.36 Available Jul 1  
August 2010 $31.62 Available Aug 1  
September 2010 $32.91 Available Sep 1  
October 2010 $34.26 Available Oct 1  
November 2010 $35.67 Available Nov 1  
December 2010 $37.13 Available Dec 1  
January 2011 $38.67 Available Jan 1  
February 2011 $40.25 Available Feb 1  
March 2011 $41.90 Available Mar 1  
April 2011 $43.63 Available Apr 1