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Angelina Maivasse
Angelina Maivasse B. was born in Boane District, Maputo Province, in the south of Mozambique. She is a single mother of an 8-year-old son who attends school. She completed 10th grade but didn't continue attending school due to her financial circumstances.

She lives in her own house with her family and doesn't support anyone besides her son. She's never left her native city, and she has had her own business selling chickens for over ten years. She does not have employees and has monthly earnings of 4,000 meticais. She uses these for household expenses, while managing to save a portion in her bank account.

She has never taken loans from other banks, and learned of Hluvuku through her neighbor who is a client of this institution. This is her fifth loan with Hluvuku. The amount of the loan is 20,000 meticais, which she plans to use to purchase construction materials (cement, sheet metal, beams, and other items) to continue her construction project. She is committed to repaying on time in order to obtain other loans in the future. She plans to request new loans to expand her sales stand.
View original language description ↓
Angelina Maivasse B. nasceu no Distrito de Boane, Província de Maputo, sul de Moçambique solteira mãe de 1 filho de 8 anos idade, vai a Escola. Fez 10ª classe não continuou devido a falta de condicoes financeiras. Vive na casa própria com a sua família e não sustenta mais ninguém para alem de seu filho.

Nunca sai da sua cidade natal, tem um negocio proprio de venda de frangos ha mais de 10 anos. Não possui nenhum empregado e tem um rendimento mensal de 4.000.00mt por mês que aplica nas despesas de casa e consegue poupar uma parte na sua conta bancaria.

Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de sua vizinha que é cliente desta instituição. Este é o seu Quinto empréstimo na Hluvuku no valor de 20.000.00mt com o qual pretende comprar material de construcao (cimentos, chapas, barrotes e outros) para continuidade da sua obra.

Compromete se a pagar devidamente para poder aceder a outros créditos no futuro. Pretende solicitar novos empréstimos para ampliar a sua banca e concluir a sua casa.



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
  • 34
    View loans »
    Mozambique Loans Fundraising
  • $2,446,150
    Funds lent in using Kiva
  • 31.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Angelina Maivasse to purchase construction materials (cement, sheet metal, beams, and other items).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
May 16, 2012