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Ernesto Mapipo
Ernesto Mapipo M. lives in Boane, Maputo province, in southern Mozambique. He has his own business buying and selling rice. His past loan was used for the planned purpose and was sufficient. He was able to make his payments and even paid some of his payments early.

His business has been going well lately, even though he suffered a robbery at his shop and it was a bit difficult to recover from it. The current loan is for 26.000.00mt, which he will use to purchase more products (rice, sugar, etc.) to increase his inventory. With the income from his business, he was able to improve his family's living conditions. The loan was satisfactory, and improved his life considerably. For this reason he is requesting an additional loan for his business, which has been his financial support.
View original language description ↓
Ernesto Mapipo M. vive em Boane, província de Maputo, sul de Moçambique. Tem um negócio próprio de compra e venda de arroz, no empréstimo passado conseguiu canalizar para o que esteve previsto e também foi suficiente. Conseguiu pagar a sua letra e ainda adiantava os seus pagamentos no seu calendário.
O seu negócio tem andado bem ultimamente, embora tenha sofrido um roubo no seu estabelecimento, onde foi um pouco difícil mas conseguiu superar. O presente empréstimo no valor de 26.000.00mt pretende comprar mais mercadoria (arroz, açúcar e outros) para aumentar a quantidade do stock. Com o rendimento do seu negócio conseguiu melhorar as condições de habitação no seio da família.
O empréstimo foi satisfatório, melhorou bastante a sua vida, por isso pretende solicitar mais crédito para aplicar no comércio, actividade que tem sustentado a sua vida.


About Mozambique

  • $1,389
    Average annual income
  • 33
    View loans »
    Mozambique Loans Fundraising
  • $2,446,150
    Funds lent in using Kiva
  • 34.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ernesto Mapipo purchase of additional merchandise (rice, sugar, etc.).
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2010
Listed
Jun 25, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011