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Chadreque
Chadreque was born in Boane, which is in Maputo Province in southern Mozambique. He is single and has a daughter who is not old enough to go to school. Chadreque is in the fourth year of Management and Administration at the Universidade Pedagogica (Pedagogical University). He lives in his own house with his family and supports his mother and father by sending money to pay their water and energy bills.

He has never left his hometown. For more than eight years he has been a teacher and a MEC (Ministry of Education and Culture) employee. His salary is around 8,200 meticais per month, and he uses it for household expenses. He also saves some money in his bank account (at BIM).

Chadreque had a loan with ProCredit and was able to pay it off without any problems. He learned about Hluvuku through a friend who is also a customer of this institution. This is Chadreque's seventh Hluvuku loan, and he is asking for 13,000 meticais to buy construction materials (stone, beams, cement, sand and other items) so he can continue building his house. The previous loans were for 4,800 meticais, 5,000 meticais, 8,000 meticais, 6,000 meticais, 7,000 meticais, and 2,500 meticais. They were all for his house.

He intends to expand his house and build a sales stall, so he will ask Hluvuku for more loans.
View original language description ↓
Nasceu em Boane, provincia de Maputo, sul de Moçambique, solteiro e pai de 1 filha que ainda não tem idade escolar. Frequenta o 4º ano da universidade pedagogica de gestão e administração. Vive na casa propria com a sua familia e sustenta sua mãe e seu pai enviando dinheiro para ajudar nas despesas de agua e energia.

Nunca saiu da sua terra natal, é professor ha mais de 8 anos e é do quadro MEC (Ministerio da Educação e Cultura) e tem um salário de cerca de 8.200.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Fez emprestimo na PROCREDIT e conseguiu pagar sem dificuldades, conheceu a Hluvuku atravez de um amigo que tambem é cliente desta instituição. Este é o seu sétimo emprestimo na Hluvuku no valor de 13.000.00mt, com qual pretende comprar material de construção DE UMA CASA (pedra, barrotes, cimento, areia, e outros) para continuar com a sua obra. Os primeiros emprestimos foram de: 4.800.00mt, 5.000.00mt, 8.000.00mt, 6.000.00mt, 7.000.00mt,e 2.500.00mt, ambos para a sua obra.
Pretende ampliar a sua casa, e contruir um estaleiro, assim irá 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
  • 34
    View loans »
    Mozambique Loans Fundraising
  • $2,379,100
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Chadreque to buy home construction materials (stone, beams, cement, sand, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2012