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Valente
Valente is married and has 4 children who attend school. He owns the home where he lives with his family and he does not support anyone else. He trains teachers at a teacher education school and he also has a business selling basic goods. With this loan he plans to purchase products (dough, rice, sugar, wine, beans, etc.) to increase the stock of merchandise in his store. In the future he wants to construct his own store becaue he currently uses his nephew's shop. For this reason he plans to make his payments as scheduled in order to request additional loans form Hluvuku. The challenge he faces is providing an education for his children given the high cost of required payments.
View original language description ↓
Casado e pai de 4 filhos que frequentam a Escola, vive na casa própria com a sua família e não sustenta mais ninguém.
É formador de professores numa Escola de formação de professores e tem um negocio de venda de produtos de primeira necessidade. Com este empréstimo pretende comprar produtos (massas, arroz, açúcar, refrescos, vinhos, feijão e outros) para aumentar a quantidade de mercadoria no seu estabelecimento.
No futuro deseja construir um estabelecimento comercial próprio porque actualmente usa do seu sobrinho, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é a educação dos filhos dado ao elevado custo de propinas.

About Mozambique

  • $1,200
    Average annual income
  • 60
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 28.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Valente to buy products for resale (dough, rice, sugar, soft drinks, wine, beans, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2013