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Arao
Arao was born in the Gaza province. He is 46 years old, married, and lives in a home he owns with his family. He also supports his parents who live in Gaza by sending them a sixth of 1.000.00mt per month.

He has been a metalworker for over 5 years. He works out of his house from 7am to 5pm and his earnings are used for household expenses, project expenses, and metalworking expenses. He is the only metalworker in the area and has a good clientele. He plans to purchase materials such as a metal saw, various sheet metal panels, and more in order to meet customer demand. In the future, he plans to construct a beauty salon for his wife.

This is his first loan with Hluvuku, in the amount of 10.000.00mt, which he will use to buy work tools. He has never had a loan with other banks, but he is confident that he will pay of the loan before it is due and request additional loans to start construction on the beauty salon.
View original language description ↓
Nasceu na Província de Gaza, de 46 anos vive maritalmente na casa própria com sua família. Responsabiliza se pelos pais que vivem em Gaza enviando lhes uma sexta básica de 1.000.00mt mensalmente.
Trabalha com serralharia a mais de 5 anos na sua própria casa no período das 7h as 17h tendo de lucro um valor que aplica nas despesas da casa, da obra e da serralharia pois é o único serralheiro na zona e tem tido muita aderência. Pretende comprar material como: rebarbadora, varões chapas lisas e mais para satisfazer a demanda dos seus clientes. Pretende futuramente erguer um salão de beleza para sua esposa.
Este é seu primeiro empréstimo na Hluvuvku no valor de 10.000.00mt com o qual pretende aumentar o volume da sua ferramenta de trabalho, nunca trabalhou com outros bancos mas esta confiante que vai pagar antes do tempo e solicitar mais crédito para dar início da construção do salão de beleza.

About Mozambique

  • $1,389
    Average annual income
  • 82
    View loans »
    Mozambique Loans Fundraising
  • $2,536,325
    Funds lent in using Kiva
  • 27.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Arao to purchase metalworking materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013