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Armindo is married and is the father of five children, of whom only one goes to school. He lives in his own home with his family and also supports a brother and a nephew that live with him. He is a businessman and owns a business selling used shoes. He will use this loan to buy five packages of shoes to increase his quantity of merchandise. In the future, he hopes to buy the title to his land and to start selling food products. To do this, he promises to make his payments on time so he can request more loans from Hluvuku. His challenge is finding opportunities to be able to work more to obtain more income to be able to acquire other loans.
View original language description ↓
Casado e pai de 5 filhos dos quais apenas 1 vai a Escola, vive na casa própria com a sua família e sustenta mais um irmão e um sobrinho que vivem com ele.
É negociante e dono do próprio negócio de venda de sapatos usados. Com o presente empréstimo pretende comprar 5 fardos de sapatos para aumentar a quantidade da sua mercadoria.
No futuro deseja legalizar o seu terreno e montar um contentor para venda de produtos alimentares, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é obter oportunidades de poder trabalhar mais para obter mais rendimento e poder adquirir outros empréstimos.

About Mozambique

  • $1,200
    Average annual income
  • 21
    View loans »
    Mozambique Loans Fundraising
  • $2,913,225
    Funds lent in using Kiva
  • 28.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Armindo to buy and sell shoes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Jan 1, 2013
Currency Exchange Loss:
Aug 17, 2013