Check out some available loans that are similar to this one!
Abilio
He was born in the town of Matola, province of Maputo, southern Mozambique. He is married and has a daughter who is already married. He completed 9th grade and didn't continue because his parents lacked financial conditions. He lives with his family in a house he owns and also supports his parents who live with him.
He left Matola for Boane in search of better living conditions. He has been in retail for over 29 years and earns an income of about 6.000mt a month. He uses it to pay for home expenses and saves part of it in his bank account.
He has never had loans in other banks. He first heard of Hluvuku through a friend who is also a client of this institution. This is his first loan with Hluvuku. It is for 25.000mt, which he intends to use to purchase various goods (flour, juice, rice, oil, fish, potatoes, etc.) in order to increase the amount of his merchandise.
He promises to repay according to the schedule. In the future he intends to purchase a vehicle to help him sell his merchandise. For that purpose he plans to request other loans from Hluvuku.
View original language description ↓
Nasceu na cidade da Matola, provincia de Maputo, sul de Moçambique, casado e pai de uma filha ja casada. Fez a 9ª classe e não continuou por falta de condições financeiras por parte dos pais. Vive na casa propria com a sua familia e sustenta os seus pais que vivem com ele.


Saiu da Matola para Boane a procura de melhores condições de vida. É comerciante ha mais de 29 anos , e tem um rendimento de cerca de 6.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).

Nunca teve emprestimo noutros bancos, conheceu a Hluvuku atravez de uma amiga que tambem é cliente desta instituição. Este é o seu primeiro emprestimo na Hluvuku no valor de 25.000.00mt, com qual pretende comprar produtos diversos (farinha, sumos, arroz, oleo, peixe, batatas, e outros) para aumentar a quantidade da sua mercadoria.
Compromete se a pagar devidamente e no futuro pretende adiquirir uma viatura para auxiliar no escoamento do produto, para tal tenciona solicitar mais emprestimos a Hluvuku.

About Mozambique

  • $1,200
    Average annual income
  • 65
    View loans »
    Mozambique Loans Fundraising
  • $2,691,000
    Funds lent in using Kiva
  • 26.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Abilio to purchase goods for selling (flour, juice, rice, oil, fish, potatoes, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012