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Joao
He was born in the district of Boane, province of Maputo, southern Mozambique. He's married and has six children, all of which attend school. He completed 3rd grade and stopped because his parents lacked financial conditions. He lives with his family in a house he owns and does not support anyone else.
He has worked as a tractor driver for the Bananalândia company for over 8 years and earns a salary of 26.500mt. He uses it to pay for home expenses and also saves part of it in his bank account.
He has had a loan with BIM and has managed to repay it without difficulties. He first heard of Hluvuku through a friend who is also a client of this institution. This is his second loan with Hluvuku. It is for 10.000mt, which he intends to use to purchase construction supplies in order to build his house (cement, sand, rocks, iron, etc.). The previous loan was for 10.000mt, for housing expenses.
He pledges to make his repayments as scheduled. In the future he intends to finish building his home, and for that purpose he plans to request other loans from Hluvuku.
View original language description ↓
Nasceu no distrito de Boane , Província de Maputo, Sul de Moçambique, casado e pai de 6 filhos todos frequentam a Escola. Fez a 3ª classe e parou por falta de condições financeiras pela parte dos seus pais, vive na casa própria com a sua família e não sustenta mais ninguém.


Trabalha como tractorista na Bananalândia há mais de 8 anos e tem um salário de26.500.00mt, que aplica nas despesas de casa e poupa algum na sua conta bancária (BIM).

Já teve empréstimo no BIM e conseguiu pagar sem dificuldades, conheceu a Hluvuku através de um amigo que também é cliente desta instituição. Este é o seu segundo empréstimo na Hluvuku no valor de 10.000.00mt, com qual pretende comprar material de construção para a obra da sua casa (cimento, areia, pedra, ferro, e outros). O empréstimo anterior foi de 10.000.00mt para habitação.
Compromete se a pagar devidamente e no futuro pretende concluir a sua casa, para tal tenciona solicitar mais empréstimos 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
  • 113
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 27.0
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Joao to purchase construction supplies to build his home (cement, sand, rocks, iron, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2013