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Lidia
Lidia was born in the district of Chibuto, in the province of Gaza in southern Mozambique. She is married and is the mother of 5 children, all of whom go to school. She studied through the sixth grade and didn't continue due to her parents' lack of financial resources. She lives in her own home with her family and doesn't support anyone besides them.

She left Gaza for Maputo when she met her husband. She has had a business for more than 10 years selling various clothing. She makes close to 6,000 meticals per month, which she puts towards her home's expenses. She also saves some in her bank account and through Xitique (a traditional system of rotating savings).

She has had loans with other banks and paid them back without problems. She became familiar with Hluvuku through a friend who is also a client of the institution. This is her third loan with Hluvuku in the amount of 20,000 meticals, which she will use to buy construction materials for her home (pipes, beams, sheet metal, iron, etc.). Her previous loans were for 11,000 and 20,000 meticals, and they were also put towards her home.

She promises to make her payments on time, and in the future, she wants to finish her home and construct another one to rent out, for which she is planning on requesting more loans from Hluvuku.
View original language description ↓
Nasceu no Distrito de Chibuto, Província de Gaza, Sul de Moçambique, casada e mãe de 5 filhos todos vão a Escola. Fez apenas 6ª classe e não continuou devido a falta de condições financeiras pelos pais. Vive na casa própria com a sua família e não sustenta ninguém.

Saiu de Gaza para Maputo quando se juntou ao seu marido, é comerciante há mais de 10 anos e vende roupa diversa onde consegue um rendimento de cerca de 6.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancária e no Xitique (sistema tradicional de poupança rotativa).

Já teve empréstimos noutros bancos e pagou ate ao fim sem dificuldades. Conheceu a Hluvuku através de uma amiga que também é cliente desta instituição. Este é o seu terceiro empréstimo na Hluvuku no valor de 20.000.00mt, com qual pretende comprar material de construção para a obra da sua casa (tubos, barrotes, chapas, ferro e outros). Os empréstimos anteriores foram de 11.000.00mt e 20.000.00mt todos para a mesma actividade.
Compromete se a pagar devidamente o empréstimo e no futuro pretende concluir a sua casa e construir outra para aluguer, 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
  • 61
    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 $750 helped Lidia to buy construction materials for her home (pipes, beams, sheet metal, iron, etc.).
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013