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Faustino
Faustino is married and the father of 2 children who already attend School. He lives in his own house with his family and supports his parents by sending them some money for ongoing expenses.

He is a teacher and a permanent employee of the Ministry of Education. With this loan he plans to buy products (fish, stocks, pasta, rice, oil, eggs, milk and others) to increase the quantity of his stock.

In future he intends to build a commercial establishment outside his back yard and start to breed hens for slaughter. To this end he commits to duly paying off the loan in order to solicit further loans from Hluvuku.

His challenge is to expand his business to be able to continue to request loans from this institution.
View original language description ↓
Casado e pai de 2 filhos, que já frequentam Escola, vive na casa própria com a sua família e sustenta seus pais enviando algum valor para despesas correntes.
É Docente e do quadro do Ministério da Educação. Com o presente empréstimo pretende comprar produtos (peixe, caldos, massas, arroz, óleo, ovos, leite e outros) para aumentar a sua mercadoria.
No futuro pretende construir um estabelecimento comercial fora do seu quintal e iniciar a criação de frangos de corte, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é ampliar mais o seu negócio para continuara adquirir mais empréstimos nesta instituição.

About Mozambique

  • $1,389
    Average annual income
  • 82
    View loans »
    Mozambique Loans Fundraising
  • $2,536,325
    Funds lent in using Kiva
  • 29.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Faustino buy products (fish, stocks, pasta, rice, oil, eggs, milk and others) to increase the quantity of his stock.
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:
Jun 17, 2014