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Avelino
Avelino C. M. was born in the province of Cabo Delgado in the north of Mozambique. He is 50 years old, married, and has 5 children who are 26, 24, 21, 20 and 7 years old. All of his children are currently in school. Avelino only studied through 6th grade under the old system of education, and didn't continue because at that time there was no chance for him to do so. He lives with his family in their own house and helps to support a niece who lives with them.

He left Cabo Delgado in 1975 to comply with the obligatory military service. Later he built a family in the Boane district, where he currently lives. He is retired from the Ministry of Defense and has a monthly pension of 6604 Meticais. He doesn’t employ any household help. He uses the money from his pension for household expenses and also saves some in his bank account.

Avelino has never taken out a loan with another bank. He found out about Hluvuku [the Kiva Field Partner] through friends who also work with the institution. This is his 6th loan, for the amount of 16,000 Meticais. He plans to use this money to buy construction materials (cement, iron, blocks, sand and other items) in order to continue working on a home improvement project. His earlier loans were for 6500, 8500, 12,500, 7050 and 15,500 Meticais and were all used for the same purpose.

He promises to repay the loan as indicated in order to be eligible for other loans later. In the future he would like to apply for more loans to finish his house, in order to offer his family better living conditions.
View original language description ↓
Avelino C. M. nasceu na Província de Cabo Delgado, norte de Moçambique, tem 50 anos de idade, casado e pai de 5 filhos de 26, 24, 20, 20 e 07 anos de idade, todos vão a escola. Fez 6ą classe do antigo sistema e não continuou porque na altura não havia possibilidades de ir mais alem. Vive na casa própria com a sua família e sustenta seu sobrinho que vive com ele.
Saiu de Cabo Delgado cumprindo o serviço militar obrigatório em 1975. Mais tarde constituiu sua família no Distrito de Boane onde vive actualmente. É reformado do Ministério da Defesa ha mais de 5 anos, não possui nenhum empregado e tem uma pensão de 6.604.00mt 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 também são clientes desta instituição. Este é o seu 6º empréstimo no valor de 16.000.00mt com o qual pretende comprar material de construção (cimento, ferro, blocos, areia e outros) para dar continuidade com o melhoramento da sua residência. Os empréstimos anteriores foram de 6.500.00mt, 8.500.00mt, 12.500.00mt, 7.050.00mt e 15.500.00mt todos para a mesma actividade (habitação).
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para concluir a sua obra oferecendo assim melhores condições de habitabilidade da sua família.

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
  • 23
    View loans »
    Mozambique Loans Fundraising
  • $2,320,275
    Funds lent in using Kiva
  • 33.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Avelino purchase of construction materials (cement, blocks, iron and other items).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2010
Listed
May 13, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011