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Lourino
Lourino was born in the city of Maputo, in the province of the same name in southern Mozambique. He is unmarried and has one son who goes to school. He went to school through the tenth grade but had to drop out because of financial difficulties. He lives in his own home with his family, and also supports two nephews who live with them.

He's lived in Boane since he was a child and has never left it. He's worked for the provincial government of Maputo for more than three years and has been a businessman for more than five, buying and selling a variety of products. He earns a salary of 3,500 meticals a month and has profits of about 10,000 meticals a month. He uses the money to cover household expenses and is able to save some in his bank account (BIM).
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 ninth loan with Hluvuku, in the amount of 26,000 meticals, which he will use to buy products (fish, eggs, peanuts, rice, etc.) to increase the quantity of merchandise he carries. His other loans were in the amounts of 14,478, 10,500, 17,655, 10,500, 20,519, 24,133, and 20,000 meticals, which he also invested in his business.
He hopes to ask for further loans from Hluvuku to expand his business and earn greater profits in the future.
View original language description ↓
Nasceu na cidade de Maputo, provincia do mesmo nome, sul de Moçambique, solteiro e tem 1 filho que ainda frenquenta a Escola. Fez 10ª classe e parou por falta de condições financeiras. Vive na casa propria com a sua familia e sustenta mais dois sobrinhos que vivem com ele.

Vive em Boane desde criança e nunca saiu, é funcionário do Governo Provincial de Maputo ha mais de 3 anos e tambem comerciante ha mais de 5 anos e dedica-se a compra e venda de produtos diversos onde tem um salario de 3.500.00mt e um rendimento de cerca de 10.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca teve emprestimos em outros bancos, conheceu a Hluvuku atravez de um amigo que tambem é cliente desta instituição. Este é o seu nono emprestimo na Hluvuku no valor de 26.000.00mt, com qual pretende comprar produtos (peixe, ovos, amendoim, arroz e outros) para aumentar a quantidade da sua mercadoria. Os outros emprestimos foram de: 14.478.00mt, 10.500.00mt, 17.655.00mt, 10.500.00mt, 20.519.00mt, 24.133.00mt, e 20.000.00mt também para o negocio.
No futuro pretende ampliar a sua actividade comercial, para obter mais rendimento assim irá solicitar mais emprestimos a Hluvuku.

About Mozambique

  • $1,389
    Average annual income
  • 106
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 26.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lourino to buy products (fish, eggs, peanuts, rice, etc.) to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2011
Listed
Oct 18, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013