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Inacio Salvador
Inácio B. is originally from Nhagotou, Zavala District, in Mozambique. He is 55 years old, married and the father of seven children, all adults who work and don't live with him anymore. He lives with his wife who works as an administrative assistant and they support two grandchildren.

He's been working as a gardener for the past 5 years, from 7AM to 3PM every day, and makes 2052,00MT (U$70) per month. This is Inacio's first loan with the institution and he's asking for 15.000,00MT (U$525) in order to buy cement, sand and other materials to fix his house, that was damaged in a militar explosion that killed more than 100 people in the city of Maputo. He hopes to pay this fast so he can make other loans to start his own chicken raising business in the near future.
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Inácio B. nasceu em Nhagotou, distrito de Zavala, Província de Inhambane, tem 55 anos de idade, casado e pai de 7 filhos maiores de 18 anos, todos já trabalharem e não vivem nas suas casas. Fez 9ª classe, vive na casa própria, com sua esposa que é auxiliar administrativa e sustenta 2 netos.

Saiu de Zavala em 1970 para Maputo a procura de emprego, mais tarde transferiu a família. Trabalha como jardineiro contratado ha mais de 5 anos, das 7:00h as 15:00h, aufere um salário mensal de 2052.00MT. Deste valor consegue poupar algum no Banco comercial BARCLAYS no fim do mês.

Conheceu a Hluvuku através da senhora Ana Rabeca Muinga também cliente desta instituição. Nunca trabalhou com outras instituições de credito e este é o seu 1º empréstimo no valor de 15.000.00MT, com o qual pretende comprar cimento, pedra, areia e outros materiais para reabilitar sanitários, que sofreram a quando das explosões do paiol militar que victimou cerca de cem pessoas na cidade de maputo.

Pretende ainda solicitar mais empréstimos com objectivo de recomeçar com a actividade criação de frangos de corte, actividade que vinha exercendo ha muito tempo.


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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
  • 20
    View loans »
    Mozambique Loans Fundraising
  • $2,372,075
    Funds lent in using Kiva
  • 28.8
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Inacio Salvador construction Supplies.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Nov 3, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010