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Jaime
Jaime was born in Namaacha District. He is 34 years old, separated, and has four children between 6 and 14 years old. All the children go to school. He also takes care of his mother, who lives in his house, and is not able to save any money because of his construction project.

Because of financial problems, Jaime did not finish school. He began working in mukero (selling contraband) and saving to begin a more legitimate business. He got started with currency exchange, which he has continued until now. With the help of his father, who owns land in Chokwe, he decided to explore and began working with land. He sends his father farming supplies and tools, and he has planted tomatoes, cucumbers and sweet potatoes. He has four workers who each earn 15,000 meticais per month, and he invests a maximum of 40,000 meticais and earns 30,000 meticais. But owing to the lack of market, Jaime has to rent a car to transport his products from Chokwe to Zimpeto, paying 3,000 meticais per trip.

This is Jaime's fifth loan with Hluvuku and his third with Kiva. The earlier loans (8,000 meticais, 10,000 meticais, 15,000 meticais and 20,000 meticais) were used to buy construction materials. This loan of 25,000 meticais will be for the same use. Jaime is confident that he will pay off the loan ahead of time and ask for another loan to stock his business in Chokwe.
View original language description ↓
Jaime nasceu no distrito de Namaacha, tem 34 anos de idade e separado pai de 4 filhos de 6 aos 14 anos, todos vao a escolal.responsabiliza se pela sua mae que vive em sua casa e não consegue poupar nenhum valor devido a sua obra.

Devido a falta de condições financeiras Jaime não consegue concluir os estudos. começa a fazer mukero (venda de produtos contra bandiada) colectando um fundo para iniciar um negocio mas condigno, inicia com o câmbio de divisas actividade que exerce ate entao. Com ajuda do seu pai que é proprietário de uma machamba em chokwe resolve explorar e começa a trabalhar com terra enviando lhe todos insumos e instrumentos agricolas, tem plantado tomate, pipino e batata doce. tem 4 trabalhadores que auferem por mês 1500.00mt por individuo, investindo no maximo um valor de 40.000.00mt e tendo um rendimento de 30.000.00mt. Mas devido a falta de mercado ele tem de alugar um carro que transporte os seus produtos de Chokwe a Zimpeto pagando em cada viagem um valor de 3.000.00mt.

Este é o quinto empréstimo de Jaime na Hluvuku e terceiro com kiva. Os dois primeiros de(8.000.00, 10.000.00, 15000.00 e 20.000.00)mt forao usados para comprar material de construção. Este de 25.000.00mt sera para a mesma finalidade, Esta confiante que vai desembolsar antes do tempo determinado e pedir um novo emprstimo para reforçar mas o seu negócio em chokwe.



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
  • 50
    View loans »
    Mozambique Loans Fundraising
  • $2,645,650
    Funds lent in using Kiva
  • 30.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jaime to buy construction materials (stone, cement, sand, blocks, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012