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Romao
He's married and has five children, all of which attend school. He lives with his family in a house he owns and also supports his mother who lives with him.
He works as a mechanic. With the current loan he intends to purchase construction supplies (iron rods, cement, beams, zinc sheets, etc.) in order to continue building his house.
In the future he plans to finish building his home and to make progress in his career by opening a shop of his own. For that reason he pledges to repay the loan as scheduled, so he can request more loans from Hluvuku.
His challenge is the lack of sufficient funds for investing in opening his shop.
View original language description ↓
Casado e pai de 5 filhos todos frequentam a Escola, vive na casa própria com a sua família e sustenta sua mãe que vive com ele.
Trabalha como mecânico, com o presente empréstimo pretende comprar material de construção (varões de ferro, cimento, barrotes, chapas de zinco e outros) para dar continuidade a obra da sua casa.
No futuro pretende concluir a sua casa e progredir profissionalmente abrindo uma oficina própria, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é a falta de fundos de investimento suficientes para abrir a oficina.

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
  • 64
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 27.5
    Mozambique Meticais (MZN) = $1 USD
Expired
A loan of $675 helped Romao to purchase construction supplies (iron rods, cement, beams, zinc sheets, etc.).
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 31, 2012