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Armindo
Armindo is married and is the father of five children who are all in school. He lives in his own home with his family and also supports his brother and nephew. He owns his own business where he sells basic goods. With this current loan, he will buy products to increase his inventory (peanuts, butter, rice, flour, etc.).

In the future, he hopes to buy a mini bus to transport passengers and a tractor to farm his land. He promises to make his payments on time so he can request more loans in the future.

His challenge is buying a truck to transport his products to his business.
View original language description ↓
Casado e pai de 5 filhos que ainda frequentam a Escola, vive na casa própria com a sua família e sustenta mais um irmão e um sobrinho.
É comerciante e dono do seu próprio negócio onde vende produtos de primeira necessidade, com presente empréstimo pretende comprar produtos (amendoim, óleo, arroz, farinha, e outros) para aumentar quantidade do seu negocio.

No futuro pretende comprar um mini bus para transporte de passageiros e um tractor para lavrar os seus campos. Compromete-se a pagar devidamente o empréstimo para poder solicitar mais.
Tem como desafios, comprar uma camioneta para transportar os produtos para o seu estabelecimento.

About Mozambique

  • $1,389
    Average annual income
  • 18
    View loans »
    Mozambique Loans Fundraising
  • $2,308,850
    Funds lent in using Kiva
  • 27.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Armindo to buy and sell products (peanuts, butter, rice, flour, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012