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Nicolau Azarias
Nicolau Azarias was born in the Chibuto District, in the Gaza Province, in South Mozambique. He is 47 years old, married and the father of 5 children who are 18, 15, 9 and 5 years old and the youngest is 2 months old. The oldest three children go to school. He only went to school until the 8th grade and didn't because he was drafted for mandatory military service. He lives with his family in his own house and doesn't support anyone else.

He left Chibuto to go to Boane looking for a better life. He has had his own business for more than 5 years and has 3 employees who help him. He has an income of around 7.000.00mt per month, which goes towards household expenses and he still manages to save some money in his savings account.

He has never requested loans with other banks. He came to know Hluvuku through friends who were already partners of the institution. This loan, in the amount of 25.000.00mt, is his first and he intends to buy building materials for resale (zinc screens, cement, stone and others) in order to increase his inventory.

He is committed to paying this loan on time in order to be able to request other loans. In the future, he would like to request more loans to develop his business.
View original language description ↓
Nicolau Azarias Dgedge nasceu no Distrito de Chibuto, Província de Gaza, sul de Moçambique tem 47 anos de idade, casado e pai de 5 filhos de 18, 15, 09, 05 anos de idade e o ultimo com 2 meses de idade, os três mais velhos vão a escola. Fez somente 8ą classe não continuou porque foi incorporado para o serviço militar obrigatório. Vive na casa própria com a sua família e não sustenta mais ninguém.
Saiu de Chibuto para Boane a procura de melhores condições de vida. Tem um negócio próprio ha mais de 5 anos, possui três empregados que lhe auxiliam no seu negócio e consegue um rendimento de cerca de 7.000.00mt 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 amigos que já são clientes desta instituição. Este é o seu 1º empréstimo no valor de 25.000.00mt com o qual pretende comprar material de construção para revenda (chapas de zinco, cimento, pedra e outros) para aumentar a quantidade da sua mercadoria.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para poder desenvolver o seu negócio.

About Mozambique

  • $1,389
    Average annual income
  • 107
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 33.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Nicolau Azarias purchase and sale of zinc screens, cement, stone and others.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011