Check out some available loans that are similar to this one!
Jose
Jose was born in the District of Manjacazi, Province of Gaza, South of Mozambique, is married and the father of 4 children, all of whom attend School. He completed 7th grade and didn’t continue his education due to his parents’ lack of financial means. He lives in his own home with his family and supports his mother who lives with him.

He left Gaza for the District of Boane in Maputo looking for a job. He has worked as a driver at Bananalandia for over 2 years and has a salary of 10,500.00 meticals (MZN) which he uses for household expenses and some of which he saves in his bank account (BIM).

He has never had loans from other banks and he came to know Hluvuku through a friend who is also a client of this institution. This is his first loan with Hluvuku for the amount of 25,000.00 MZN, with which he intends to buy construction materials for the construction work on his house (sand, stone, cement, iron and others).

He commits to duly paying off the loan and in future intends to buy a mini bus to increase his income, for which he expects to solicit further loans from Hluvuku.
View original language description ↓
Nasceu no Distrito de Manjacazi, Província de Gaza, Sul de Moçambique, casado e pai de 4 filhos todos frequentam a Escola. Fez a 7ª classe e parou por falta de condições financeiras pela parte dos pais. Vive na casa própria com a sua família e sustenta sua mãe que vive com ele.

Saiu de Gaza Para o Distrito de Boane em Maputo a procura de emprego, trabalha como motorista na empresa Bananalandia há mais de 2 e tem um salário de 10.500.00mt que aplica nas despesas de casa e poupa algum na sua conta bancária (BIM).

Nunca teve empréstimos noutros bancos, conheceu a Hluvuku através de um amigo que também é cliente desta instituição. Este é o seu primeiro empréstimo na Hluvuku no valor de 25.000.00mt, com qual pretende comprar material de construção para a obra da sua casa (areia, pedra, cimento, ferro e outros).
Compromete se a pagar devidamente o empréstimo e no futuro pretende comprar um mini bus para aumentar a sua renda, 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
  • 62
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 27.5
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Jose buy construction materials for his house (sand, stone, cement, iron and others).
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013