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Jacinto
Jacinto was born in Chibuto, Gaza Province in southern Mozambique. He is married and has six children who all go to school. Jacinto finished fourth grade and quit school because of financial problems. He lives in his own house with his family and supports his mother-in-law by sending her money to help with household expenses.

He left Inhambane to move to Maputo in search of a job. He has been a machine operator at CFM for more than 21 years and has an income of 12,000 meticais per month. He uses the money for household expenses and saves some in his bank account (at BIM).

Jacinto had a long-term loan at BCI and paid it off without any problem. He learned about Hluvuku through a friend who is also a customer, and this is his fourth Hluvuku loan. He is asking for 20,000 meticais to buy construction materials FOR HIS HOME (cement, blocks, iron, stone and other items) to improve his house. The earlier loans were for 7,000 meticais, 10,000 meticais, and 7,000 meticais. They were used for housing and consumer goods.

Jacinto dreams of finishing his house, installing running water and building a house for his children. To do so, he intends to ask Hluvuku for more loans.
View original language description ↓
Nasceu em Chibuto, provincia de Gaza ao sul de Moçambique, casado e pai de 6 filho dos quais todos vão a escola. Fez a 4ª classe e parou por falta de condiçoes financeiras. vive na casa propria com a sua familia e sustenta a sua sogra enviando dinheiro para auxiliar nas dispesas de casa.
Saiu de Inhambane para Maputo a procura de emprego, é operador de maquinas na CFM ha mais de 21 anos e tem um rendimento de 12.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Já fez emprestimo no BCI a longo prazo e pagou sem problemas. Conheceu Hluvuku atravez de um amigo que também é cliente e este é o seu quarto emprestimo na Hluvuku no valor de 20.000.00mt, com qual pretende comprar material de construcao DE CASA PARA HABITACAO (cimento, blocos, ferro, pedra, e outros) para melhorar a sua casa. Os primeiros emprestimos foram de: 7.000.00mt, 10.000.00mt, e 7.000.00mt aplicados na habitacao e bens de consumo.
Sonha em concluir a sua obra,instalar agua e construir uma casa para os filhos, 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
  • 102
    View loans »
    Mozambique Loans Fundraising
  • $2,541,950
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Jacinto to buy materials for home construction (cement, blocks, iron, stone, etc.).
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2011
Listed
Aug 13, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013