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Nilza Augusto
Nilza Augusto was born in the city of Matola, in the Maputo Province, in the South of Mozambique. She is 23 years old, married and the mother of a 1-year old and a 4-year old. None of the children are in school. She only went to school until the 10th grade due to a teen pregnancy. She owns the house she lives in with her family. Her husband works for Mozambique Power Company. She doesn't support anyone other than her own family.

In 2005, she left Matola for the Boane District with her family. Her husband was transferred there by his employer. She has had her own business in her backyard for over 3 years. She works from 7am to 5pm everyday and has no employees. Her business brings an income of around 3.000.00mt a month which goes towards house expenses and a traditional rotational savings system (Xitique).

She has never had loans from other banks. She came to know about Hluvuku through her cousin who is also a member. This loan, in the amount of 25.000.00mt, is her third. She intends to building materials (screens, beams, cement and others) to continue building her house. The previous loans were for 6.000.00mt and15.000.00mt and were used for the same purpose.

She makes a commitment to pay this loan on time, to be able to be granted further credit. In the future, she would like to request more loans to finish her house and offer more comfort to her family.
View original language description ↓
Nilza Augusto S. nasceu na cidade da Matola, provincia de Maputo, sul deMoçambique tem 23 anos de idade, casada e mãe de 2 filhos de 04 e 01 anos de idade, destes ninguem vai a escola . fez somente 10ą classe parou com os estudos devido a gravidez precoce. Vive na casa própria com a sua família, o marido é trabalhador da empresa Electricidade de Moçambique . Para alem da sua familia nao sustenta mais ninguem.
Saiu da Matola para o Distrito de Boane com a sua familia no ano de 2005, a quando da transferencia do marido pela sua empresa. Tem um negócio próprio há mais de 3 anos, este actividade desenvolve no quintal da sua casa, trabalha das 7horas ate as 17 horas todos os dias e não possui nenhum empregado. Neste negocio consegue um rendimento de cerca de 3.000.00mt por mes, que aplica nas despesas de casa e ainda poupa algum atravez de Xitique (sistema tradicional de poupança rotativa ).
Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através da sua prima que também é cliente desta instituição. Este é o seu 3º empréstimo no valor de 25.000.00mt com o qual pretende comprar material de construção (chapas, barrotes, cimento e outros) para dar continuidade com a construção da sua casa. Os empréstimos anteriores foram de 6.000.00mt e 15.000.00mt ambos para a mesma actividade.
Compromete se a pagar devidamente este emprestimo tambem, para poder aceder a outros creditos. No futuro gostaria de solicitar mais empréstimos para a conclusao da sua obra e oferecer melhor conforto a sua familia.



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

  • $1,389
    Average annual income
  • 51
    View loans »
    Mozambique Loans Fundraising
  • $2,430,400
    Funds lent in using Kiva
  • 29.3
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Nilza Augusto purchase of building materials.
98% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2010
Listed
Feb 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 28, 2011