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Ines
Ines was born in the city of Maputo in the province of the same name in southern Mozambique. She is the single mother of 2 children, one of whom is an adult, and the other is in school. She studied through sixth grade and didn't continue due to the lack of financial resources. She lives in her own home with her family and doesn't support anyone else besides them.

She has worked at the Barragem dos Pequenos Libombos [a hydroelectric dam] for more than 16 years. She makes 11,000 meticals per month, which she puts towards her home's expenses. She also saves some in her bank account at the Barclay's bank.

She has had loans with another bank (Barclay's) and paid them back without any problems. She became familiar with Hluvuku through a friend who is also a client of the institution. This is her third loan with Hluvuku, and it is for 15,000 meticals. She will use it to buy construction materials for her home (iron, beams, sand, cement, stone, etc.). Her previous loans were for 10,000 and 12,000 meticals, and both went towards her home.

She promises to pay back her loan on time. In the future, she wants to finish and furnish her home, for which she plans to request more loans from Hluvuku.
View original language description ↓
Nasceu na cidade de Maputo, Província de mesmo nome, sul de Moçambique, solteira e mãe de 2 filhos 1 já maior de idade e o outro frequenta a Escola. Fez 6ª classe e não continuou devido a falta de condições financeiras. Vive na casa própria com a sua família e não sustenta ninguém.

Trabalha como servente na barragem dos pequenos libombos há mais de 16 anos e tem um salário de 11.000,00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancária (BARCLAYS).

Já teve empréstimos noutros bancos (BARCLAYS) e pagou 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 15.000.00mt, com qual pretende comprar material de construção para a obra da sua casa (ferro, barrotes, areia, cimento, pedra e outros). Os empréstimos anteriores foram de 10.000,00mt e 12.000,00mt ambos aplicados na mesma actividade.
Compromete se a pagar devidamente o empréstimo e no futuro pretende concluir e mobilar a sua casa, para tal tenciona solicitar mais empréstimos a Hluvuku.

Additional Information

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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
  • 133
    View loans »
    Mozambique Loans Fundraising
  • $2,802,800
    Funds lent in using Kiva
  • 27.5
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Ines to buy construction materials for her home (iron, beams, sand, cement, stone, etc.).
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013