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Angelica Alberto
Angelica Alberto T. was born in the city of Maputo, in the province of the same name in the south of Mozambique. She is 30 years old and married with no children. She studied through 12th grade, and didn't continue because of a lack of financial resources. She lives in a service workers' house with her husband, who is also a teacher, and she helps support a nephew who lives with her.

Angelica left Maputo for Boane due to a job transfer. She has worked as a teacher in the Boane district for more than 2 years, and is employed by the Ministry of Education. She works around 8 hours a day. She has no employees working for her and takes home a monthly salary of 4822.00 Meticales, which she uses to cover household expenses. She is sometimes able to save some money in her bank account.

Angelica has never taken out a loan with another bank. She found out about Hluvuku [the Kiva Field Partner] through colleagues of hers who also work with the institution. This is her 1st loan, for the amount of 15,500.00 Meticales. She plans to use this money to buy construction materials (zinc plates, cement, a wheelbarrow and other items) in order to start construction on her house.

She promises to repay the loan as indicated in order to be eligible for other loans later. In the future she would like to apply for more loans to continue with her home construction project.
View original language description ↓
Angélica Alberto T. nasceu na cidade de Maputo, Província de mesmo nome, sul de Moçambique, tem 30 anos de idade, casada não tem filhos. Fez 12ą classe não continuou devido a falta de condições financeiras. Vive na casa dos serviços sustenta um sobrinho que vive com ela, o marido é também professor.
Saiu da cidade de Maputo para Boane transferido pelos serviços, trabalha como docente no Distrito de Boane a mais de 2 anos e é do quadro do Ministério da Educação. Trabalha cerca de 8 horas por dia. Naõ tem empregado e aufere um salário de 4.822.00mt por mês, que aplica nas despesas de casa e ainda poupa algum de vez enquanto na sua conta bancária.
Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de colegas que também são clientes desta instituição. Este é o seu 1º empréstimo na Hluvuku no valor de 15.500.00mt com o qual pretende comprar material de construção (chapas de zinco, cimento, carrinha de mão e outros) para iniciar com a construção da sua residência.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros créditos. No futuro gostaria de solicitar mais empréstimos para dar continuidade com a obra de construção da sua residência.

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
  • 32.3
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Angelica Alberto purchase of construction materials (cement, zinc plates and other items).
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011