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Clemencio
Clemencio was born in the district of Namaacha. He is 34 years old and has one son. He and his wife live in his parents' house, and he is not financially responsible for anyone else.
He owns a business where he sells staple goods (sardines, sugar, corn flour). It has earned profits of 5,000 meticals a month, which he uses to cover household expenses. He has one employee, whom he pays 1,500 meticals a month. This is his fifth loan with Hluvuku, in the amount of 20,000 meticals, which he will use to increase the quantity of merchandise he carries. His previous loans, all for 20,000 meticals) were used to build his house. He is confident that he will be able to pay off this loan early and request more loans.
In future he intends to purchase a truck that will make his day-to-day work easier.
View original language description ↓
Nasceu no Distrito de Namaacha, tem 34 anos é pai de um filho, vive na casa dos pais com sua esposa, não responsabiliza se por niguem.
Proprietario de um estabelecimento onde vende produtos de primeira necessidade ( sardinhas, açucar, farinha de milho) tem tido de lucro um valor de 5.000.00mt que aplica nas diaspesas da casa, conta com ajuda de um empregado que aufere 1.500.00mt mensalmente. Este é o quinto empréstimo na Hluvuku no valor de 20.000.00mt com o qual pretende aumentar o volume da sua mercadoria. Os anteriores todos de 20.000.00mt foram para a habitação. Esta confiante que vai pagar antes do tempo para aceder aoutros creditos.
Pretende futuramnte comprar uma camioneta que lhe possa facilitar nos seus trabalhos diarios.

About Mozambique

  • $1,389
    Average annual income
  • 34
    View loans »
    Mozambique Loans Fundraising
  • $2,379,100
    Funds lent in using Kiva
  • 26.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Clemencio to buy staple goods for his shop.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012