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Geraldo Francisco
Geraldo Francisco C. was born in the Zavala district, Inhambane province, south of Mozambique. He is 39 years old, married and the father of four children ages 16, 12, 9 and 2, the three older ones go to school. He only studied until the 6th grade and couldn't go on due to financial difficulties. He lives in his own house with his family and also supports a nephew that lives with him.
Geraldo left Zavala for Maputo in 1988 during the civil war. He fixed residency in the District and works at a tire shop for the past 18 years. He has no employees and makes around U$55 per month, which he uses in household expenses and sometimes saves some. He's never taken loans in other banks and this is his 5th loan with Hluvuku in the amount of U$675, which he will use to buy construction supplies (cement, iron, sand and others) to finish building his house. His previous loans were all for the same purpose. In the future he would like to ask for other loans in order to finish building his house and buy a car.
View original language description ↓
Geraldo Francisco C. nasceu no Distrito de Zavala, Província de Inhambane, sul de Moçambique tem 39 anos de idade casado e pai de 4 filhos de 16, 12, 9 e 2 anos de idade, os três mais velhos vão a escola. Fez somente 6ą classe e não continuou devido a falta de condições financeiras. Vive na casa própria com a sua família e sustenta um sobrinho que vive com ele.
Saiu de Zavala para Maputo em Boane no ano de 1988, devido a guerra de destabilização. Fixou sua residência neste Distrito e trabalha numa estação de reparação de Pneus há mais de 18 anos, não possui nenhum empregado e tem um salário mensal de 2.000.00mt, que aplica nas despesas de casa, e por vezes poupa algo em sua casa.
Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de amigos que também são clientes desta instituição. Este é o seu 5º empréstimo no valor de 20.800.00mt com o qual pretende comprar material de construção (cimento, varões de ferro, areia e outros) para dar continuidade com a sua obra. Os empréstimos anteriores foram de 7.500.00mt, 15.000.00mt, 25.000.00mt e 15.000.00mt todos para a mesma actividade.
No futuro gostaria de solicitar mais empréstimos para terminar com a sua obra e compra de uma viatura a leasing.

Additional Information

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About Mozambique

  • $1,389
    Average annual income
  • 117
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 31.9
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Geraldo Francisco construction Supplies.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2010
Listed
Mar 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011