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Hortencia  Nelson
Hortencia Nelson M. was born in the district of Manjacaze, in the province of Gaza in the south of Mozambique. She has 5 grown children. She only studied through 7th grade, and didn't continue because of a lack of financial resources. She lives with her children in a rented house and helps support her mother, who lives with them.

Hortencia left Gaza for Maputo with her mother when she was still quite young. She has worked on contract for a business for more than 3 years, with a monthly salary of 2850 Meticais. She uses this income to cover household expenses and occasionally saves some in her bank account as well.

Hortencia has never taken out a loan with another bank. She found out about Hluvuku [the Kiva Field Partner] through friends who also work with the institution. This is her 1st loan, for the amount of 10,000 Meticais. She plans to use this money to buy construction materials (cement, bricks, stone, sand and other items) in order to continue working on the construction of her home and move out of the house she is renting.

Hortencia's dream is to finish with the construction and live in her own home with her family. She is confident that she will be able to repay the loan as indicated and take out another loan to finish the job.
View original language description ↓

Hortência Nelson M. nasceu no Distrito de Manjacaze, Província de Gaza, sul de Moçambique, mãe de 5 filhos maiores de idade. Fez somente 7ª classe não continuou devido a falta de condições financeiras. Vive na casa de aluguer com seus filhos e ainda sustenta sua mãe que vive com ela.

Saiu de Gaza para Maputo com a sua mãe ainda muito nova. Trabalha numa empresa como contratada ha mais de 3 anos, tem um salario mensal de 2.850.00mt por mês que aplica nas despesas de casa e ainda consegue poupar algum de vez enquanto na sua conta bancaria.

Nunca teve empréstimo em outros bancos, conheceu a Hluvuku através de amigas que também são clientes desta instituição. Este é o seu primeiro empréstimo no valor de 10.000.00mt com o qual pretende comprar material de construção (cimento, pregos, pedra, areia e outros) para dar continuidade com a construção da sua residência de forma a sair da casa de aluguer.

O seu sonho é poder concluir a sua casa para poder viver na casa própria com a sua família. Esta confiante que vai pagar sem nenhum problema e pedir um novo empréstimo para concluir sua obra.

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
  • 104
    View loans »
    Mozambique Loans Fundraising
  • $2,547,825
    Funds lent in using Kiva
  • 36.2
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Hortencia Nelson purchase of construction materials (cement, bricks, stone, sand and other items).
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2010
Listed
Oct 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012