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Albazin
The borrower is a married father of four children, three of whom attend school.He lives in his own home along with his family, and does not support anyone else. He intends to use this loan to buy stock (cooking oil, beans, rice, flour, soap-berry and other items) to restart his business.
In the future he hopes to finish building his home and improve his family's living conditions. Consequently, he promises to repay his loan in full so that he can apply to Hluvuku again.
The biggest challenge that he faces is the increasing cost of living and the ever-rising prices of buying wholesale stock.
View original language description ↓
Casado e pai de 4 filhos 3 dos quais 3 frequentam a Escola, vive na casa própria com a sua família e não sustenta mais ninguém.
É assistente técnico numa Instituição do Estado. Com este empréstimo pretende comprar mercadoria (óleo, feijão, arroz, farinha, sabão e outros) para reiniciar a sua actividade comercial.
No futuro deseja terminar a sua casa e melhorar as condições de vida da sua família, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é o elevado custo de vida e a constante subida dos preços no mercado grossista.

About Mozambique

  • $1,389
    Average annual income
  • 23
    View loans »
    Mozambique Loans Fundraising
  • $2,374,025
    Funds lent in using Kiva
  • 27.8
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $675 helped Albazin to buy and sell produce (cooking oil, beans, rice, flour, soap-berry and other items).
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013