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Sabata Jacinto
Sabata Jacinto M. was born in the Boane District, Maputo Province, in southern Mozambique. She is single and is the mother of 4 children who are 15, 17, 21, and 24 years old. All of them go to school. She only studied through the 6th grade and did not continue due to a lack of financial resources. She lives in her own house with her children and does not support anybody else.

She has never left Boane. Sabata has had her own business for more than 10 years. She does not have any employees and earns about 3,500 MZN per month, which she uses to pay for expenses. She is even able to save some in her bank account.

Sabata has had loans with other banks, but she later decided not to continue on with them. She found out about Hluvuku through her neighbor, who has already received a loan through this institution. This is her 4th loan, which has a value of 20,000 MZN. She plans to use it to buy construction material (sand, cement, stone, iron, etc.) to expand and improve her home. The previous loans were for 2,700 MZN, 6,000 MZN, and 15,000 MZN, which she put toward her business and her house.

She promises to pay back the loan on time so that she can receive others. In the future, she plans to request more loans in order to finish and furnish her house, so that her family can have a more comfortable place to live.
View original language description ↓
Sabata Jacinto M. nasceu no Distrito de Boane, Província de Maputo, sul de Moçambique, solteira e mãe de 4 filhos de 15, 17, 21 e 24 anos de idade, todos vão a escola. Fez somente 6ą classe não continuou devido a falta de condições financeiras. Vive na casa própria com os seus filhos e não sustenta mais ninguém.
Nunca saiu de Boane, tem um negócio próprio ha mais de 10 anos. Não possui nenhum empregado e tem um rendimento de cerca de 3.500.00mt por mês, que aplica nas despesas e ainda poupa algum na sua conta bancária.
Ja teve empréstimos em outros bancos, mais tarde decidiu não continuar. Conheceu a Hluvuku através de seu vizinho que Ja levantou crédito nesta instituição. Este é o seu 4º empréstimo no valor de 20.000.00mt com o qual pretende comprar material de construção (areia, cimento, pedra, ferro e outros) para ampliar e melhorar a sua residência. Os empréstimos anteriores foram de 2.700.00mt, 6.000.00mt e 15.000.00mt foram para comércio e habitação.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para concluir e mobilar a sua residência oferecendo melhor conforto a 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

  • $1,200
    Average annual income
  • 132
    View loans »
    Mozambique Loans Fundraising
  • $2,808,950
    Funds lent in using Kiva
  • 34.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Sabata Jacinto to buy construction material (sand, cement, stone, iron, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jun 27, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011