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Armando
Armando is married and the father of 6 children, 3 of whom attend School. He lives in his own house with his family and doesn't support anyone else.

He's a trader and owns his own business selling food products. With the current loan he plans to buy products (oil, beans, sodas, beers and others) to diversify and increase the quantity his stock.

In future Armando hopes to expand his business and improve his family's living conditions. To this end, he commits to duly paying off the loan in order to solicit further loans from Hluvuku.

His challenge is the large amount of competition in the market and obtaining enough funds to carry out his projects.
View original language description ↓
Casado e pai de 6 filhos, dos quais 3 frequentam a Escola, vive na casa própria com sua família e não sustenta mais ninguém.
É negociante e dono do próprio negócio de venda de produtos alimentares. Com o presente empréstimo pretende comprar produtos (óleo, feijão, refrescos, cervejas, e outros) para aumentar e diversificar a sua mercadoria.
No futuro deseja aumentar o nível do seu negócio e melhorar as condições de vida da sua família, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é a grande concorrência no mercado, e adquirir fundos suficientes para realizar os seus projectos.

About Mozambique

  • $1,389
    Average annual income
  • 8
    View loans »
    Mozambique Loans Fundraising
  • $2,308,850
    Funds lent in using Kiva
  • 29.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Armando buy products (oil, beans, sodas, beers and others) to diversify and increase the quantity his stock.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013