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Antonio Simao
Antônio Simão was born in the province of Inhambane in the District of Vilanculos in Southern Mozambique. He is married and the father of a 3 year-old daughter. He went to school until 7th grade but didn't finish due to the lack of financial resources. He lives in his own home with his family and also supports two siblings who live with him.

He left Vilanculos to look for a job in the Namaacha District. He started his business more than 7 years ago. Today, he owns his own appliance store in Namaacha's Central Market. He has one employee who helps him with the business. He has an income of 6,500 meticais per month, which is used in household expenses and still saves some in his bank account.

He has never had loans with other banks. He became familiar with Hluvuku through neighbors who are also salespeople. This is Antonio's fifth loan with Hluvuku and fourth with Kiva, in the amount of 20,000 meticais. He intends to purchase prepaid cell phone cards, appliances and others to increase his inventory. The previous loans were for 5,000, 7,000, 10,000 and 15,000 meticais. All were used for this same goal.

He is confident he will once again pay the loan back ahead of schedule and request new loans.
View original language description ↓
Antônio Simão C. nasceu na Província de Inhambane no Distrito de Vilanculos, sul de Moçambique casado e pai de 1 filha de 3 anos de idade. Fez a 7ª classe não concluiu devido a falta de condições financeiras. Vive na casa própria com a sua família e sustenta 2 irmãos que vivem com ele.

Saiu de Vilanculos para o Distrito de Namaacha a procura de emprego. Iniciou sua actividade comercial ha mais de 7 anos, hoje é dono de um estabelecimento de venda de eletrodomésticos cita no Mercado Central de Namaacha. Conta com 1 empregado que auxilia no seu negócio e consegue um lucro de cerca de 6.500.00mt, que aplica nas despesas de casa e ainda poupa algum na sua conta bancaria.


Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de vizinhos também comerciantes. Este é o quinto empréstimo de António na Hluvuku e quarto com Kiva no valor de 20,000.00mt com o qual pretende comprar (recargas de telemovel, eletrodomésticos e outros) para aumentar a quantidade da sua mercadoria. Os anteriores empréstimos foram de (5.000.00mt, 7.000.00mt, 10.000.00mt e 15.000.00mt) também foram para a mesma finalidade.

Esta confiante que mais uma vez vai reembolsar antes do tempo previsto, e solicitar novos empréstimos.






About Mozambique

  • $1,200
    Average annual income
  • 61
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 34.9
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Antonio Simao purchase of inventory (prepaid cell phone cards, appliances and others).
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 5, 2010
Listed
Jul 12, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011