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Manuel
Manuel C., 31 years old, a native of the City of Maputo, father of 2 children, is responsible for 4 (four) people. He studied until 9th grade, and had to interrupt his schooling due to financial difficulties. The son of a fisherman, he has longstanding experience in the area of fishing.


He began his fishing activity, using a small boat with oars and a sail, renting, employing two helpers. With loans of (20,000 meticais, 40,000 meticais, 30,000 meticais and 50,000 meticais respectively) at HLUVUKU-ADSEMA, he was able to acquire his own boat and outboard engine, sophisticated nets, and to increase the number of workers to 8 (eight).


He currently has a boat with an operational inboard engine, however it has problems due to the constant breakdown of the engine that began when an accident occurred one day while fishing, which created a crack at the bottom of the boat and caused it to sink, damaging the engine.


With a loan of 50,000 meticais, he plans to buy a new boat engine with 25 HP in order to resume the pace of his activity, which is extremely important for the community, given that it provides jobs for 8 people, as well as for resellers of the fishing product, as well as ensuring a continuous supply in quantity and quality of seafood for the population of Catembe and its surroundings.



The original business description in Portuguese is below:

Localização: Catembe, Maputo, Moçambique

Cliente: Manuel C.

Sector de actividade: Pesca (compra de motor)

Valor de empréstimo: 52.000,00 MTN (2,000 US$)

Início: 20/11/2006

Fim: 19/11/2007


Manuel C., jovem de 31 anos de idade, natural da Cidade de Maputo, pai de 2 filhos , tendo 4 (quatro) pessoas na sua responsabilidade. Estudou até 9ª classe e viu-se obrigado a interromper devido a dificuldades financeiras.
Filho de um pescador, daí a larga experiência na área de pesca.


Iniciou a sua actividade de pesca, usando uma pequena embarcação a remo e vela, em regime de aluguer, empregando dois ajudantes. Recorrendo aos empréstimos de (20.000,00MTN, 40.000,00MTN 30.000,00MTN e 50.000,00MTN respectivamente) na HLUVUKU-ADSEMA, conseguiu adquirir um barco próprio e um motor fora de bordo, redes sofisticadas e aumentar o numero de trabalhadores para 8(oito).


Actualmente conta com um barco com motor a bordo operacional, embora com dificuldades devido ás constantes avarias do motor que tiveram como origem, o acidente ocorrido numa das jornadas de pesca, o qual criou uma fissura no fundo do barco e que culminou com o afogamento do mesmo e causando danos ao motor.


Com um empréstimo de 50.000,00MTN pretende comprar um novo motor de barco com 25 HP de modo a retomar ao ritmo da sua actividade que é extremamente importante para a comunidade visto garantir emprego para os 8 pessoas, assim como para os revendedores do produto da pesca, para além de garantir o abastecimento contínuo em quantidade e qualidade de mariscos a população de Catembe e arredores.

About Mozambique

  • $1,200
    Average annual income
  • 60
    View loans »
    Mozambique Loans Fundraising
  • $2,725,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paid Back
A loan of $2,000 helped Manuel to buy motor boat.
113% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 10, 2006
Listed
Nov 24, 2006
Currency Exchange Loss:
N/A
Ended:
May 14, 2008