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Olinda Ricardo
Olinda Ricardo H. was born in Inhambane Province in southern Mozambique. She is 35 years old, widowed, and the mother of two children, ages 12 and 9. Both of them go to school. Olinda finished seventh grade. She had to quit when she became pregnant with her first child, but she is currently attending eighth grade. She lives in her parents' house and is not responsible for anyone else.

She left Inhambane Province to go with her parents to Namaacha District on the border with Swaziland, where she began her studies, and stopped them when she married her husband, who passed away, leaving her with two children. Olinda's life was difficult owing to a dispute with her in-laws over property division, so she was kicked out of her own house and went to live with her parents. Today she works at the Hotel Li Bombos as a waitress. She has worked there for 16 years, working from 7:00 am until 3:00 pm and earning 1,600 meticais per month, which she uses for household expenses and cannot save anything, so she asked Hluvuku-Adsema for a loan to buy the title for her land and build a house on it.

Olinda has never had loans from other banks. She learned about Hluvuku from her father, who is also a customer of Hluvuku-Adsema. This is her second loan from Hluvuku and her first with Kiva. She will use this loan of 10,000 meticais to buy construction materials (loads of sand, cement and blocks) to begin building her house. The earlier loan of 5,000 meticais was used to buy the title to her land.
View original language description ↓
Olinda Ricardo H. nasceu na Província de Inhambane, sul de Moçambique, tem 35 anos de idade, viúva e mãe de 2 filhos de 12 e 9 anos. Todos vão a escola, fez a 7ª classe teve que parar quando fica grávida do seu primeiro filho mas do momento esta a frequentar a 8ª classe. Vive na casa dos seus pais e não responsabiliza se por mais ninguém.

Sai da Província de Inhambane para o Distrito de Namaacha na Fronteira da Suazilândia com seus pais, onde inicia os estudos e interrompe quando junta se com seu esposo este que perde a vida deixando lhe com dois filhos. A vida de Olinda fica difícil devido a disputa da partilha de bens com os sogros, assim é expulsa de sua própria casa e passa a viver com seus progenitores, hoje trabalha no Hotel Li bombos como empregada de mesa (garsonete) há 16 anos trabalhando das 7h as 15h auferindo mensalmente 1.600.00mt que aplica nas dispersas da casa e não consegue poupar nenhum valor ao mês devido empréstimo que solicitou na HLUVUKU-ADSEMA para legalizar o terreno e construção da sua própria casa.

Nunca teve empréstimos em outros bancos, conhece a Hluvuku através do seu pai que também é cliente da HLUVUKU-ADSEMA. Este é o segundo empréstimo de Olinda na Hluvuku e primeiro com kiva no valor de 10.000.00mt com qual pretende comprar material de construção (carrada de areia, cimento e blocos) para dar inicio da sua obra. O empréstimo anterior foi de 5.000.00mt foi usado para legalizar o seu terreno.

About Mozambique

  • $1,200
    Average annual income
  • 136
    View loans »
    Mozambique Loans Fundraising
  • $2,804,225
    Funds lent in using Kiva
  • 34.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Olinda Ricardo construction materials.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Apr 19, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011