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Armandio Goncalves
Amandio M. Gonsalves was born in the Namaacha district, of the province of Maputo, in southern Mozambique. Orphaned by his mother and father, he grew up with uncles. He completed grade 6 but did not continue due to lack of funds. He is the father of two sons, one whom goes to school. He lives in his own home with his family and does not support anyone besides his children.

He has never been out of the district. He has his own business selling basic goods from his home. He has been doing this for more than four years. He does not have any employees and has monthly earnings of 4,000 MT which he applies to household expenses and manages to save some to his bank account.

He has never had loans from other banks. He knew of Hluvuku through his neighbors who are clients of the institution. This is his first Hluvuku loan for the amount of 10,000 MT with which he would buy goods (sardines, oil, crackers, pasta and more) to increase the amount of his inventory.

He is committed to paying promptly in order to have access to other loans in the future. He intends to apply for a new loan to build an awning to provide more comfort to his customers.
View original language description ↓
Amandio gonsalves M. nasceu no distrito de namaacha, provincia de maputo, sul de mocambique, e orfao de pai e mae cresceu na companhia dos tios. Fez a 6 classe nao concluiu devido a falta de condicoes, e pai de 2 filhos destes 1 e que vao a escola. Vive na casa propria com sua familia e nao sustenta mais ninguem para alem dos seus filhos.


Nunca saiu do distrito, tem um negocio proprio de venda de produtos de primeira necessidade em sua residencia. Exerce esta actividade ha mais de 4 anos. Nao possui nenhum empregado e tem um rendimento mensal de 4.000.00mt por mes que aplica nas dispesas de casa e consegue poupar uma parte na sua conta bancaria.

Nunca teve emprestimos em outros bancos, conheceu a hluvuku atraves de seus vizinhos que sao clientes desta instituicao. Este e seu pimeiro emprestimo na hluvuku no valor de 10.000.00mt com o qual pretende comprar mercadoria( sardinha, oleo, bolachas massas e mais) para aumentar a quantidade da sua mercadoria.

Compromente se a pagar devidamente para acedr a outros emprestimos no futuro. Pretende solicitar novos emprestimos para a construcao de uma esplanada dando mais conforto aos clientes.

About Mozambique

  • $1,200
    Average annual income
  • 64
    View loans »
    Mozambique Loans Fundraising
  • $2,689,550
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Armandio Goncalves buy goods (sardines, oil, crackers, pasta and more) for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2012