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Fatima Ricardo
Fátima Recardo G. was born in the town of Quelimane, province of Zambezia, in Northern Mozambique. She's attending the last year of Instituto Superior. Single, no children, Fátima lives with her sister and two nephews in a house she owns.

She left Quelimane for Maputo in the company of her sister in order to continue her studies. For the past 16 years she has been working as a clerk in a public institution, receiving a monthly salary of 11.500.00mt. After paying for the household expenses, she is able to put some money into her savings account at Barclays Bank.

She has never had a loan with another institution and learned about Hluvuku through friends who are clients. This is her first loan and she plans to use the 20.000.00mt to buy construction material (iron, cement, sand, stones, etc) to build a garage for her car.

She's confident in her ability to pay back this loan and plans to apply for another loan in the future, to start her own business.
View original language description ↓

Fátima Recardo G. nasceu na cidade de Quelimane, Província da Zambezia, norte de Moçambique, solteira. Freqüenta o último ano do Instituto superior. Vive na casa própria e sustenta sua irmã e 2 sobrinhos que vivem com ela.

Saiu de Quelimane para Maputo na companhia da sua irmã afim continuar com os seus estudos. Trabalha como escriturária na contabilidade do Ministério do interior ha mais de 16 anos, recebe um salario de 11.500.00mt por mês que aplica nas despesas de casa e ainda consegue poupar algum valor na sua conta bancaria (Banco Barclays).

Nunca teve empréstimo em outros bancos, conheceu a Hluvuku através de colegas que também são clientes desta instituição. Este é o seu primeiro empréstimo no valor de 20.000.00mt com o qual pretende comprar material de construção (ferro, cimento, areia, pedra e outros) para construir uma garagem para a sua viatura.

Esta confiante que vai pagar sem nenhum problema e pedir um novo empréstimo para iniciar uma actividade comercial.





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
  • 36
    View loans »
    Mozambique Loans Fundraising
  • $2,446,150
    Funds lent in using Kiva
  • 36.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Fatima Ricardo to buy construction material (iron, cement, sand, stone, etc).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Oct 14, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2012