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Pedro Alberto
Pedro Alberto M. was born in the city of Maputo, Maputo province, in southern Mozambique. He is 47 years old, married, and the father of 3 children who are 15, 8, and 6 years old. All go to school. He only finished 12 grade and did not continue due to a lack of financial means. He lives in his own house with his family and supports one nephew who lives with them.

He has never left Maputo province; Pedro Alberto currently resides in the Machava sector. He works as an instructor and has been on the staff of the Ministry of Education for more than 29 years. He does not have any employees and earns a salary of 5,999 MZN each month, which he uses to pay for household expenses. He even manages to save about 800 MZN in his bank account.

Pedro Alberto has had loans with the Tchuma credit cooperative, but did not continue with them later on. He found out about Hluvuku through co-workers who are also clients of this institution. This is his 1st loan [with Hluvuku], which has a value of 17,000 MZN. He plans to use it to buy construction material (cement, iron rods, etc.) and to pay for labor in order to finish building his home.

He promises to pay off the loan on time so he will be able to have access to others. In the future, he intends to request more loans to build a protection wall and bathrooms.
View original language description ↓
Pedro Alberto M. nasceu na cidade de Maputo, Província do mesmo nome, sul de Moçambique, tem 47 anos de idade, casado e pai de 3 filhos de 15, 08 e 06 anos de idade, todos vão a escola. Fez 12ą classe não continuou devido a falta de condições financeiras. Vive na casa própria com sua família e sustenta 1 sobrinho que vive com ela.
Nunca saiu da província de Maputo, actualmente encontra se a residir no bairro da Machava. Trabalha como docente, é do quadro do Ministério da Educação ha mais de 29 anos, não possui nenhum empregado e tem um salário de 5.999.00mt por mês, que aplica nas despesas de casa e ainda consegue poupar cerca de 800.00mt na sua conta Bancária.
Ja teve empréstimos na cooperativa de crédito Tchuma, mais tarde não continuou. Conheceu a Hluvuku através de colegas de serviço que também são clientes desta instituição. Este é o seu 1º empréstimo no valor de 17.000.00mt com o qual pretende comprar material de construção (cimento, varões de ferro, mão de obra e outros) para concluir com a construção da sua residência.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para a construção do murro de vedação e sanitários.





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
  • 15
    View loans »
    Mozambique Loans Fundraising
  • $2,308,850
    Funds lent in using Kiva
  • 34.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Pedro Alberto to buy construction material (cement, iron rods, etc.) and pay for labor.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2010
Listed
Apr 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010