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Timane
Timane was born in the province of Cabo Delgado in northern Mozambique. He is married nd the father of three children 8, 12, and 14 years of age. All of his children attend school. He went to school through the ninth grade but had to drop out because of financial difficulties. He lives with his family in a home they own, and isn't financially responsible for anyone else.
He left Cabo Delgado for Maputo, specifically the district of Boane, in order to continue his studies, and ended up settling down. He's worked in a cement plant for more than 7 years and earns a salary of 3,800 meticals a month, which he uses to cover household expenses. He is able to save a little in his bank account and his wife also contributes to the household income.
He's never had loans from other banks. He learned about Hluvuku from coworkers who are also clients of the institution. This is his first loan, in the amount of 10,000 meticals, which he will use to pay for the legal paperwork for his land, where he plans to start construction for his business.
He intends to pay off the loan without difficulty and request new loans from Hluvuku, which he will use to construct a building and start a business.
View original language description ↓
Nasceu na Provincia de Cabo Delgado, Norte de Moçambique casado e é pai de 3 fillhos de 08, 12 e 14 anos de idade e todos vaõ a Escola. Fez 9ª classe e naõ continuou devido as dificuldades financeiras. Vive na casa propria com a sua familia e não sustenta mais ninguem.
Saiu de Cabo Delgado para Maputo concretamente no Distrito de Boane afim de continuar com os estudos e acbou formando seu lar. Trabalha numa fabrica de produçaõ e venda de cimento ha mais de 7 anos e tem um salario de 3.800.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria e conta com o ajuda da sua esposa.
Nunca teve emprestimos em outros bancos, Conheceu Hluvuku atravez de colegas que tambem são clientes desta instituição. Este é o seu primeiro emprestimo no valor de 10.000.00mt, com qual pretende pagar a legalização do seu terreno onde ira erguer obra para o seu negocio.
Espera pagar sem problemas e vai solicitar novos emprestimos na Hluvuku para aplicar na construção de um etabelecimento e iniciar o seu negocio.

About Mozambique

  • $1,200
    Average annual income
  • 60
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 28.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Timane for legal paperwork for his land.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jul 4, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012