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Lino
The borrower is a married father of two children, who both attend school. He lives in his own home with his family and does not support anyone else.
He has been a teacher and a member of staff at the Ministry of Education for quite some time, and he also runs his own business raising and selling broiler chickens. He intends to use this loan to buy chicks, vaccines, feed and vitamins in order to increase the size of his flock so that he can fulfill his orders.
In the future he hopes to increase the size of his business and improve his family's standard of living. Consequently, he promises to repay his loan in full so that he can apply to Hluvuku again.
The biggest challenges he faces are the high cost of living and the ever-increasing prices.
View original language description ↓
Casado e pai de 2 filhos todos frequentam a Escola, vive na casa própria com a sua família e não sustenta mais ninguém.
É docente e quadro do Ministério da Educação há bastante tempo e também tem um negócio próprio de criação e venda de frangos de corte. Com este empréstimo pretende comprar pintos, vacinas, ração e vitaminas para aumentar a quantidade dos frangos para conseguir responder a demanda.
No futuro deseja aumentar a capacidade do seu negócio 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.

About Mozambique

  • $1,389
    Average annual income
  • 111
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 27.8
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Lino to buy chicks, vaccines, feed, and vitamins in order to increase the size of his flock so that he can fulfill his orders.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013