Check out some available loans that are similar to this one!
Americo
Américo B. was born in Nampula, Northern Mozambique. He's 42 years old, married and the father of 4 children ages 5, 8, 14 and 15, all attending school. He lives with his family in a house they own.

When he was younger Américo left Nampula to go study in Germany. When the 10 year state-funded course he was enrolled in was interrupted in the 7th year, due to budget problems, he was sent back to Mozambique, where he found a job as a security guard at a private home. He's been working there for the past 15 years, currently earning a salary of 3.000.00 mt. He also runs a small grocery store from home and raises poultry to sell. With the help of his wife, their business make 10.000.00mt per month, which allows them to pay for household and business expenses as well as save some money in the bank.

This is Américo's second loan with Hluvuku and Kiva. He will use the 25.000.00mt to buy baby chicks, feed and vitamins for his poultry business. He used his previous loan in the same manner.

He's confident that he'll be able to pay back his loan ahead of schedule, since he can count on the profits from his other business.
View original language description ↓
Américo B. nasceu na Província de Nampula norte de Moçambique tem 42 anos de idade, vive maritalmente, é pai de 4 filhos de 5, 8, 14 e 15 anos, todos vão a escola. Fez a 8ª classe não continuou devido ao trabalho que não o facilitava. Vive na casa própria com sua familia, não responsabiliza se por ninguém.

Américo sai de Nampula para Alemanha num curso de 10 anos financiado pelo Estado, e quando fazia o sétimo ano o estado interrope o curso alegando que fundo desponibilizado ja havia esgotado e manda os de volta a Moçambique, ele consegue arranjar um emprego numa Quinta onde trabalha a mais de 15 anos auferindo 3.000.00mt como guarda. E ainda proprietário de um estabelecimento na sua residência e criador de frangos de corte. Conta com ajuda da sua esposa consegue no seu negocio um rendimento de cerca de 10.000.00mt que aplica nas dispesas da sua casa, dos negócios e ainda consegue poupar algum na sua conta bancaria.

Este é o segundo empréstimo na Hluvuku e Kiva no valor de 25.000.00mt com o qual pretende comprar pintos, ração e vitaminas para criação de frangos de corte. O anterior de 15.000.00mt foi para a mesma finalidade.

Esta confiante que vai pagar antes do tempo previsto porque conta com a receita do seu estabelecimento comercial.


About Mozambique

  • $1,200
    Average annual income
  • 112
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 35.1
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Americo to buy baby chicks, feed and vitamins.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Dec 13, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 13, 2012