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Horacio
Horacio was born in Maputo City, Maputo Province in southern Mozambique. He is married and has four children between 9 and 21 years old. He finished ninth grade and quit school because of financial problems. Horacio lives in his own house with his family and also supports two cousins who live with him.

He has never left Maputo. For more than 18 years he has worked in agriculture and has an income of 10,000 meticais per month. He uses the money for household expenses and saves some in his bank account.

Horacio has never had loans from other banks. He learned about Hluvuku through a friend who is also a customer, and this is his third Hluvuku loan. He is asking for 20,000 meticais, which he will invest in his agribusiness (agriculture) to buy seeds, compost, fertilizer and other items to increase his income. The first loans were for 11,000 meticais and 13,800 meticais, both for the agribusiness.

Horacio dreams of buying a tractor to expand his business. To do so, he intends to ask Hluvuku for more loans.
View original language description ↓
Nasceu na cidade de Maputo, provincia do mesmo nome ao sul de Moçambique, casado e pai de 4 filhos de idades entre 9 a 21 anos de idade. Fez a 9ª classe e parou por falta de condinçoes financeiras. vive na casa propria com a sua familia e sustenta mais 2 primos que vivem com ele.
Nunca saiu de Maputo, pratica agricultura ha mais de 18 anos e tem um rendimento de 10.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria.
Nunca fez emprestimo noutros bancos. Conheceu Hluvuku atravez de um amigo que também é cliente e este é o seu terceiro emprestimo na Hluvuku no valor de 20.000.00mt, com qual pretende investir no seu agro-negocio (agricultura) para compra de sementes, adubos, fertelizantes e outros para aumentar o seu rendimento. Os primeiros emprestimos foram de: 11.000.00mt, e 13.800.00mt,ambos para o agro- negocio.
Sonha em comprar um trator para ampliar o seu negocio, e para tal tenciona solicitar mais emprestimos a Hluvuku.

About Mozambique

  • $1,200
    Average annual income
  • 63
    View loans »
    Mozambique Loans Fundraising
  • $2,716,800
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Horacio to invest in his agribusiness (agriculture) to buy seeds, compost, fertilizer and other items.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012