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Cornelio
Cornelio was born in the province of Cabo Delgado, in northern Mozambique. He is married and the father of 6 children, 5 of whom attend school. He attended school through the 9th grade, but did not finish due to financial circumstances. He owns the home where he lives with his family and he does not support anyone else.

He left his homeland of Cabo Delgado for Maputo for military service. He has been in the military for more than 42 years and has a pension of 5.000.00mt per month. He uses it to pay for household expenses and he saves some in his bank account.

He previously had loans through Associação PFUCANE and was able to pay them off without any issues. He learned about Hluvuku through friends who are also clients. This is his 5th loan with Hluvuku, in the amount of 14.000.00mt, which he will use to purchase construction materials for his home (stone, sand, beams, metal panels, etc.). The prior loans were for 2.500.000mt, 8.000.00mt, 10.000.00mt, and 13.000.00mt, also for the construction of his home.

He plans to finish his home and equip it to provide better comfort to his family. He will request additional loans from Hluvuku.
View original language description ↓
Nasceu na Provincia de Cabo Delgado, norte de Moçambique, casado e pai de 6 filhos dos quais 5 ainda frequentam a Escola. Fez 9ª classe e naõ continuou devido a falta de condições financeiras. Vive na casa propria com a sua familia e não sustenta mais ninguem.

Saiu da sua terra natal Cabo Delgado para Maputo em missão de serviço, é militar ha mais de 42 anos e tem uma pensão de 5.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria.
Já teve emprestimos na Associação PFUCANE e conseguiu pagar sem dificuldades, conheceu a Hluvuku atravez de amigos que tambem saõ clientes desta instituição. Este é o seu quinto emprestimo na Hluvuku no valor de 14.000.00mt, com qual pretende comprar material de construcao para a obra da sua casa (pedra, areia, barrotes, chapas, e outros). Os primeiros emprestimos foram de: 2.500.00mt, 8.000.00mt, 10.000.00mt, e 13.000.00mt para a construção da sua casa.
Pretende concluir a sua casa e mobiliar para melhor confortar a sua familia, 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

  • $1,200
    Average annual income
  • 61
    View loans »
    Mozambique Loans Fundraising
  • $2,725,575
    Funds lent in using Kiva
  • 26.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Cornelio to purchase home construction materials (stones, sand, beams,metal panels, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012