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Raimundo M., was born in Manica, province in Manica, he is 29 years old, is married and has 3 children who are 6, 3 and 1 years old, the first one goes to school. Raimundo is on the 10th grade of Joaquim Chissano High School and wants to continue studying and go to college. He lives in his own house and besides his family, he supports a brother who lives with them.

He left Manica in the province of Maputo in 2002 in order to start a commercial activity and then he went to look for his family and they live all together now in Boane. Currently he works in a security company (G4), he works close to 8 hours a day and earns a salary of 4.200MT a month, and is able save some money in his bank account.

He never had loans with other institutions, and learned about Hluvuku thru friends. This is his 4th loan for 15.000MT, that he expects to use to buy construction material (cement, iron, doors and others) to keep on building his house. The previous loans were for 6.000MT, 8.000MT and 8.500MT, all for the same activity.

In the future he expects to request more loans to finish his house and offer better living conditions to his family.
View original language description ↓
Raimundo M., nasceu em Manica, província de Manica, tem 29 anos de idade, casado e pai de 03 filhos com 06, 03 e 01 anos de idade, o primeiro vai a escola. Frequenta 10ªclasse na Escola Secundaria Joaquim Chissano e pretende continuar com estudos no nível superior. Vive na casa própria e para alem dos filhos sustenta também um irmão que vive com ele.

Saiu de Manica para província de Maputo em 2002 com intenção de iniciar uma actividade comercial mais tarde foi buscar a sua família que residem juntos em Boane. Actualmente trabalha numa empresa de segurança (G4), faz cerca de 8 horas por dia e aufere um salário de 4.200.00mt por mes, poupa algum na sua conta bancária.

Nunca teve empréstimos com outros bancos, conheceu a Hluvuku através de amigos. Este é o seu 4º empréstimo no valor de 15.000.00mt, com o qual pretende comprar material de construção (cimento, ferro, portas e outros) para dar continuidade com a sua obra. Os empréstimos anteriores foram de 6.000.00mt, 8.000.00mt e 8.500.00mt, todos para a mesma actividade.

No futuro pretende solicitar mais empréstimos, para poder concluir a sua obra e oferecer melhores condições de habitabilidade.

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
  • 26
    View loans »
    Mozambique Loans Fundraising
  • $2,911,950
    Funds lent in using Kiva
  • 29.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Raimundo to buy construction materials (cement, iron and others).
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 9, 2009
Nov 22, 2009
Currency Exchange Loss:
Apr 30, 2011