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Silva
Silva Ernesto C. was born in the district of Chokwe, Gaza Province, in southern Mozambique. He is 35 years old, married, and has 3 children ages 14, 10 and 5. All attend school. He attended school through the 12th grade but did not continue due to a lack of financial resources. He lives in his own home with his family, and supports his parents who live with him.

He left Chokwe for the Boane district of Maputo when he was still very young. He attended school and grew up there, and still lives in this area. He has worked for the security company G4S for more than 6 years. He does not have any employees and receives a salary of 4.375.00 mt per month, which he uses for household expenses and saves a bit in his bank account.

He has never had loans in other banks. He learned about Hluvuku thorugh work colleagues who are also Hluvuku customers. This is his third loan, in the amount of 23.000.00mt which he will use to purchase construction material (porcelain bath fixtures, cement, etc.) to continue building his home. The prior loans were for 9.000.00mt and 13.000.00mt for the same purpose. He promises to pay this loan as agreed in order to have access to others. In the future he plans to request more loans to continue his home improvements and to open a hair salon as a way to increase his family's income.
View original language description ↓
Silva Ernesto C. nasceu no Distrito de Chokwe, Província de Gaza, sul de Moçambique, tem 35 anos de idade, casado e pai de 3 filhos de 14, 10 e 05 anos de idade, todos vão a escola. Fez 12ą classe, não continuou devido a falta de condições financeiras. Vive na casa própria com a sua família e sustenta seus pais que vivem com ele.
Saiu de Chokwe para Maputo no Distrito de Boane ainda muito jovem, tendo estudado e crescer nesta zona, onde vive actualmente. Trabalha na empresa de segurança G4S ha mais de 6 anos, não possui nenhum empregado e tem um salário de 4.375.00mt por mês, que aplica nas despesas de casa e ainda poupa algum na sua conta Bancária.
Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de colegas de serviço que também são clientes desta instituição. Este é o seu 3º empréstimo no valor de 23.000.00mt com o qual pretende comprar material de construção (loiça sanitária, cimento e outros) para dar continuidade com a construção da sua casa. Os empréstimos anteriores foram de 9.000.00mt e 13.000.00mt para a mesma actividade.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para continuar com a melhoria da sua casa e abrir um salão de cabeleireiro como forma de aumentar a receita familiar.

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

  • $1,200
    Average annual income
  • 64
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 34.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Silva purchase of construciton materials (poreclain bath fixtures, cement, etc. ).
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Apr 25, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011