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Lidia Pedro
Lidia Pedro M. was born in Chokwe District, Gaza Province, in southern Mozambique. She is married and the mother of 5 children, between 10 and 27 years of age. All attend school. She completed 6th grade and didn't continue her schooling due to her financial circumstances. She lives in her own home with her family and doesn't support anyone else.

She left Gaza Province for Boane when she was still young, seeking to increase her schooling. She has had her own business selling basic goods for over 15 years. She doesn't have any employees, and has monthly earnings of around 3000 to 4000 meticais, which she uses 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 a friend who is a client of the institution. This is her second loan with Hluvuku. The loan is for 20,000 meticais and she plans to purchase construction materials (sand, cement, beams, and other items) to start construction of her residence. The previous loan was for 11,000 meticais and was used for her business.

She is committed to repaying on schedule to be able to access future loans. She plans to request new loans to continue with her construction and to increase her inventory.
View original language description ↓

Lidia Pedro M. nasceu no Distrito de Chokwe, Província de Gaza, sul de Moçambique casada e maê de 5 filhos de idades entre 10 a 27 anos de todos vão a Escola. Fez 6ª classe nao continuou por falta de condições financeiras. Vive na casa propria com a sua familia e naõ sustenta mais ninguem.

Saiu de Gaza para Boane ainda jovem, procurando aumentar a sua formação academica. Tem um negocio proprio de venda de produtos de primeira necessidade ha mais de 15 anos. Não possui nenhum empregado e tem um rendimento de cerca de 3.000.00mt, a 4.000.00mt por mês que aplica nas despasas de casa e consegue poupar uma parte na sua conta bancaria.

Nunca teve empréstimos em outros bancos, conheceu a Hluvuku através de amigo que é cliente desta instituição. Este é o seu segundo empréstimo na Hluvuku no valor de 20.000.00mt com o qual pretende comprar material de construção ( areia, cimento, barrotes e outros) para iniciar a sua obra de construção da sua residência. O emprestimo anterior foi de 11.000.00mt aplicado no comercio.

Compromete se a pagar devidamente para poder aceder a outros créditos no futuro, pretende solicitar novos empréstimos para continuar com a sua obra e aumentar a mercadoria.


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
  • 23
    View loans »
    Mozambique Loans Fundraising
  • $2,379,100
    Funds lent in using Kiva
  • 31.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Lidia Pedro to purchase construction material (sand, cement, beams, and others).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012