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Nito is 24 years old and in his third year studying animal science at the Instituto Superior Politecnica de Manica (ISPM), an agricultural training college near Chimoio in Mozambique. His father died in war, his mother is disabled, and he has four brothers and one sister, so he must rely on himself to earn a living and help provide for his family. Most of his brothers are in the army, but Nito always dreamed of working in agriculture.

When he was unable to get into his local university, Nito started working for the local municipality, but he did not see his life improving. One day he saw an advertisement to study animal science at ISPM and applied for and was accepted to their three-year scholarship program. With the loan, Nito will plant 3-5 hectares of maize, soya and cowpeas. The loan will also pay for the mentorship of a local experienced farmer and weather insurance. He will use the profits to pay for his fourth and final year of university. Nito hopes to be a self-employed farmer and employ other people in the area to help the local economy.

Additional Information

More information about this loan

Kiva's support will finance the direct crop and services costs for each participating farmer, including financing their first small student plots. The loan will pay for all necessary inputs and associated services from end to end. These expenses include: seeds, fertilizers, and herbicides; land preparation, planting, and spraying; and harvesting, bagging, and transport of crops. An innovative component of the loan product is a weather insurance feature, which is covered by the interest fee on the loan. Weather index insurance is purchased on behalf of the farmers at the beginning of the planting season, and if aggregate rainfall in the critical months of January and February falls below a certain level, the farmers fully recover their direct crop costs.

About Africa Agricultural Development Company

Africa Agricultural Development Company (AgDevCo) is a nonprofit venture capital organization that invests to create successful agribusinesses. Their mission is to relieve poverty directly and indirectly by raising agricultural productivity for rural communities in sub-Saharan Africa, particularly by investing in smallholder farmers. Kiva’s support will finance the direct crop and services costs for each participating farmer, including financing their first small student plots.

AgDevCo joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

About Mozambique

  • $1,200
    Average annual income
  • 39
    View loans »
    Mozambique Loans Fundraising
  • $2,854,625
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Nito to purchase maize, soya, and cowpea seeds, fertilizer, and other inputs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Dec 3, 2012
Nov 30, 2012
Currency Exchange Loss:
Nov 26, 2013