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Julio
Julio was born in the district of Manjacaze, in the province of Gaza in southern Mozambique. He is married and has three children. The two eldest attend school. He went to school through the sixth grade but had to drop out because of financial difficulties. He and his family live in their own home, and he isn't financially responsible for anyone outside his family.

He left Manjacaze for Maputo in search of a better life. He's had a business for more than eight years buying and selling kitchenware. He earns about 5,000 meticals a month, which he uses to cover household expenses. He is also able to save a small amount through Xitque (a traditional system of rotating savings) and in his bank account.
He has never had loans from other banks. He learned about Hluvuku from a friend who is also a client of the institution. This is his fourth loan with Hluvuku, in the amount of 30,000 meticals, with which he intends to buy kitchenware (dishes, pots, flatware, and so on) to increase the quantity of merchandise he carries. His other loans were in the amounts of 10,000, 12,000, and 15,000 meticals, which he also invested in his business.
He hopes to ask for further loans from Hluvuku to build a better commercial space for selling kitchen goods and hair extensions.
View original language description ↓
Nasceu no Distrito de Manjacaze, provincia de Gaza, sul de Moçambique, casado e tem 3 filhos 2 mais velhos frenquentam a Escola. Fez 6ª classe e parou por falta de condições financeiras. Vive na casa propria com a sua familia não sustenta ninguem para alem da sua familia.

Saiu da sua terra natal para Maputo a procura de melhores condições de vida, é negociante ha mais de 8 anos e dedica-se a compra e venda de loiça de cozinha e tem um rendimento de cerca de 5.000.00mt por mês que aplica nas despesas de casa e poupa algum atravez de Xitque (sistema tradicional de poupança rotativa) e na sua conta bancaria.
Nunca teve emprestimos em outros bancos, conheceu a Hluvuku atravez de um amigo que tambem é cliente desta instituição. Este é o seu quarto emprestimo na Hluvuku no valor de 30.000.00mt com qual pretende comprar loiça de cozinha (pratos, panelas, talheres, chavanas e outros) para aumentar a quantidade da sua mercadoria. Os outros emprestimos foram de: 10.000.00mt, 12.000.00mt e 15.000.00mt também para o negocio.
Pretende construir um estabelecimento comercial mais condigno para venda de loiça e de estenções de cabelo, assim irá solicitar mais emprestimos a Hluvuku

About Mozambique

  • $1,200
    Average annual income
  • 134
    View loans »
    Mozambique Loans Fundraising
  • $2,808,950
    Funds lent in using Kiva
  • 26.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Julio to buy kitchenware (dishes, pots, flatware, and so on) for his shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012