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Cristina
Cristina was born in Boane District, Maputo Province in southern Mozambique. She is single and has an 11-year-old son who goes to school. Cristina finished 9th grade and quit school when she became pregnant. She did not go back because of financial problems. She lives in her own house and supports her mother and a sister, who both live with her.

Cristina has never left her hometown. She has her own business selling staple goods where she works from morning until day's end. She earns about 7,000 meticais per month, which she uses for household expenses, and she even saves some money.

She has never had loans from other banks, and she learned about Hluvuku through coworkers who are also customers of this institution. This is Cristina's fifth loan with Hluvuku. She is asking for 20,000 meticais to buy construction materials (cement, beams, zinc sheets, stone and other items) to continue building her house. The earlier loans were for 3,5000 meticais, 8,000 meticais, 11,000 meticais and 12,000 meticais and were for her business and for housing.

She promises to make her payments promptly so she can get more loans in the future. Cristina intends to ask for more loans to expand her business even more, finish her house and furnish it.
View original language description ↓
Cristina nasceu no Distrito de Boane, Provincia de Maputo, Sul de Moçambique, solteira e maê de 1 filho de 11 anos idade e vai a Escola. Fez 9ª classe parou quando ficou gravida e naõ continuou devido a dificuldades financeiras. Vive na casa propria e sustenta sua maê e uma irma que vivem com ela.

Nunca saiu da sua cidade natal, tem um negocio proprio de venda de produtos de primeira necessidade onde trabalha desde o periodo da manhã ate ao fim do dia e consegue um rendimento de cerca 7.000.00mta por mês que aplica nas despesas de casa e ainda poupa algum.

Nunca teve emprestimo em outros bancos, conheceu a Hluvuku atraves de colegas que tambem são clientes desta instituição. Este é o seu quinto emprestimo na Hluvuku no valor de 20.000.00mt com o qual pretende comprar material de construção (cimento, barrotes, chapas de zinco, pedra e outros) para continuar com a construção da sua casa. Os empréstimos anteriores foram de 3.500.00mt, 8.000.00,11.000.00mt, 12.000.00me e 12.000.00mt foram para o negocio e habitação.

Compromete-se a pagar devidamente para aceder a outros créditos no futuro. Pretende solicitar novos empréstimos para ampliar ainda mais o seu negocio, concluir e mobilar 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
  • 32
    View loans »
    Mozambique Loans Fundraising
  • $2,456,975
    Funds lent in using Kiva
  • 29.7
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Cristina to buy construction materials (cement, beams, zinc sheets, stone, etc.).
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012