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Boavida
Boavida is married and the father of 5 children who attend School, lives in his own house with his family and doesn't support anyone else.

He is a security guard for a private company. With this loan he plans to buy construction materials (sand, stone, cement, blocks and others) to continue the expansion of his house.

In future Boavida hopes to complete the expansion of his home and to rehabilitate his hairdressing salon to increase his income. To this end he commits to duly paying off the loan in order to solicit further loans from Hluvuku.

His challenge is the lack of funds he needs to begin his commercial activities.
View original language description ↓
Casado e pai de 5 filhos, que frequentam Escola, vive na casa própria com a sua família e não sustenta mais ninguém.
É segurança numa empresa privada. Com o presente empréstimo pretende comprar material de construção (areia, pedra, cimento, blocos e outros) para continuar com a ampliação da sua casa.
No futuro deseja concluir a ampliação da sua casa e reabilitar o seu salão de cabeleireiro para aumentar a sua renda, assim compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é falta de fundos próprios para poder iniciar actividade comercial.

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
  • 114
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 29.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Boavida buy construction materials (sand, stone, cement, blocks and others) to continue the expansion of his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013