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Ines
Ines is from the city of Maputo, which is located in province of the same name in southern Mozambique. She is a single mother of 2 children who are 24 and 26. She studied through the sixth grade and stopped because of the lack of financial resources. She lives in her own home wiht her family and also supports her niece by sending her money.

She never left Maputo. She has been a full-time employee at the water management office, "ARA-SUL," for more than 15 years. She makes 3,500 meticals a month that she puts towards her home's expenses, and she also saves some in her bank account.

She has never had a loan with another bank. She became familiar with Hluvuku through friends who are also clients of the institution. This is her third loan in the amount of 15,000 meticals. She will use it to buy construction materials (sand, cement, metals sheets, etc.). Her previous loans were for 10,000 and 12,000 meticals and went towards her home.

She is confident that she will pay back her loan without any problems. Her dream is to finish her house to provide her family with better comfort and to start a business, for which she plans to request more loans from Hluvuku.
View original language description ↓
Nasceu na cidade de Maputo, província de mesmo nome ao sul de Mocambique solteira e mãe de 2 filhos de 24 e 26 anos de idade. Fez a 6ª classe e parou por falta de condicoes financeiras. vive na casa propria com a sua familia e sustenta a sobrinha enviando dinheiro.
Nunca saiu de Maputo, e funcionaria permanente a mais de 15 anos na Direcção de aguas ARA-SUL e tem um salário de 3.500.00mt por mes que aplica nas despesas de casa e poupa algum na sua conta bancária.
Nunca teve emprestimos noutros bancos. Conheceu Hluvuku atravez de amigas que tambem são clientes desta instituição e este é o seu terceiro emprestimo no valor de 15.000.00mt, com qual pretende comprar material de construção (areia, cimento, chapas, e outros)os primeiros emprestimos foram de: 10.000.00mt, e 12.000.00mt para habitação.
Esta confiante que vai pagar sem problemas, o seu sonho e concluir a sua casa para propor melhor conforto a sua familia, e iniciar um negocio, para tal tenciona solicitar mais emprestimos a Hluvuku.

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
  • 31
    View loans »
    Mozambique Loans Fundraising
  • $2,379,100
    Funds lent in using Kiva
  • 28.3
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ines to buy construction materials (sand, cement, metal sheets, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 2, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012