Check out some available loans that are similar to this one!
Casimiro Nhamuge
Casimiro Nhamazane S. was born in Chibuto District, Gaza Province in southern Mozambique, and he is single. He only finished second grade and did not continue with school because his parents could not afford it. He lives in his own house with his family and supports four relatives (nephews and/or nieces) who live with him.

He left Gaza to move to Maputo because of the war, and he came here with his family. For more than 20 years he has had his own business selling staple goods. Casimiro has no employees and has a monthly income of about 4,000 meticais, which he uses for household expenses. He is also able to save some money through Xitique (a traditional system of rotating savings).

Casimiro has never had loans from other banks, and he learned about Hluvuku by talking with friends who are customers of this institution. This is his third Hluvuku loan, and he is asking for 15,000 meticais to buy products (rice, soap, beans, peanuts and other items) to increase his inventory. The previous loans were both for 9,000 meticais and were for the business.

He promises to make his payments on time so he can take out more loans in the future. He intends to ask for more loans to build a brand-new store as a way of improving his business.
View original language description ↓

Casimiro Nhamazane S. nasceu no Distrito de Chibuto, Província de Gaza, sul de Moçambique solteiro. Fez somente 2ª classe nao continuou porque os pais nao dispunham de condicoes financeiras. Vive na casa própria com a sua família e sustenta 4 sobrinhos que vivem com ele.

Saiu de Gaza para Maputo devido a guerra e veio com a sua familia. Tem um negocio proprio de venda de produtos de primeira necessidade que desenvolve ha mais de 20 anos. Não possui nenhum empregado e tem um rendimento mensal de cerca de 4.000.00mt que aplica nas despesas de casa e consegue poupar uma parte atravez de Xitique (sistema tradicional de poupanca rotativa).

Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de conversa com amigos que são clientes desta instituição. Este é o seu terceiro empréstimo na Hluvuku no valor de 15.000.00mt com o qual pretende comprar produtos (arroz, sabao, feijao, amendoim e outros) para aumentar a quantidade da sua mercadoria. Os emprestimos anteriores foram de 9.000.00mt ambos e para o comercio.

Compromete se a pagar devidamente para poder aceder a outros créditos no futuro. Pretende solicitar novos empréstimos para construir um estabelecimento comercial de raiz como forma de melhorar o seu negocio.



About Mozambique

  • $1,200
    Average annual income
  • 61
    View loans »
    Mozambique Loans Fundraising
  • $2,725,575
    Funds lent in using Kiva
  • 31.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Casimiro Nhamuge to buy products (rice, soap, beans, peanuts, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012