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Joao Miguel
João Miguel U. was born in Inhambane City, Inhambane Province in southern Mozambique. He is 46 years old, married and the father of two children, ages 23 years and 2 years. The elder daughter, who is married, lives in South Africa. He finished three years of university study in electronics. He lives in a rented house with his family and supports a niece who lives with him.

João left Inhambane when he was transferred to Beira Province for work, and in 2009 he was transferred to Maputo. For more than 30 years he has worked for the Ministry of Defense as an electronic engineer. He has no employees and has a salary of 11,957 meticais per month, which he uses for household expenses while managing to save some in his bank account.

He has never had loans from other banks. He learned about Hluvuku through co-workers who are also customers of this institution. This is his first loan. He is asking for 16,000 meticais, which he will use to buy construction materials (cement, iron bars, sand and paint and other items) to renovate his old house in Machava neighborhood.

João promises to pay off this loan on time so he can take out other loans. In the future he would like to ask for more loans to continue renovations on his house and to begin a project on his two plots in Bobole and Mulotane neighborhoods.
View original language description ↓
João Miguel U. nasceu na cidade de Inhambane, Província do mesmo nome, sul de Moçambique, tem 46 anos de idade, casado e pai de 2 filhos de 23 e 02 anos de idade, a filha mais velha esta na Republica da África do Sul, casou se e reside lá. Fez 3°ano de Universidade em electrónica. Vive numa casa de aluguer com a sua família e sustenta sua sobrinha que vive com ele.
Saiu de Inhambane para a província da Beira em missão de serviço, em 2009 é transferido para Maputo. Trabalha no Ministério da Defesa como engenheiro electrónico ha mais de 30 anos, não possui nenhum empregado e tem um salário de 11.957.00mt por mês, que aplica nas despesas de casa e ainda consegue poupar 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 1º empréstimo no valor de 16.000.00mt com o qual pretende comprar material de construção (cimento, varões de ferro, areia e tinta e outros) para reabilitar a sua antiga casa no Bairro da Machava.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para a continuar com a reabilitação da sua casa e iniciar um projecto nos seus dois terrenos no bairro de Bobole e Mulotane.

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
  • 24
    View loans »
    Mozambique Loans Fundraising
  • $2,446,150
    Funds lent in using Kiva
  • 34.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Joao Miguel purchase of construction materials (cement, iron bars, sand and paint and other items).
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011