Check out some available loans that are similar to this one!
Reginaldo Elias
View original language description ↓
Reginaldo is 33 years old and was born in Inhambane. He is separated and lives with his 3 children and 2 brothers. His children are 10, 8, and 3 months. He had the first two with his ex-wife and the last one with his girlfriend. The two older children are already in school.


Reginaldo concluded training to be an elementary schoolteacher and has taught for 8 years. He began in the district of Magude, and in 1993 he was transferred to Mugado primary school located in on the border of Swaziland in the district of Namaacha. There he works from 7:30 a.m. to 12:30 p.m. and then 1:30 p.m. to 5:30 p.m. His monthly salary is 3,276.00 MT, from which he is able to save 500.00 MT per month.


This is Reginaldo’s second loan with Hluvuku and his first one with Kiva. The first loan was 1,000.00 MT, which he used to buy material needed to add on to his house. Due to the cost of living, he has had to build the addition in phases, which is why he is taking out a second loan.


Reginaldo is confident that he can pay off his loan before the final due date. In the future he hopes to take out another loan to furnish his house and re-open his small business establishment in order to increase his family’s income, because he plans on marrying his girlfriend soon.

Translated from Portuguese by Jill Haring, Kiva volunteer.


Reginaldo tem 33 anos de idade, nasceu em inhambane, é separado e vive com os seus tres filhos e dois irmaos ,(Filhos)sendo um de 10 anos de idade, outra de 8 anos e ultimo com tres meses de idade, dizer que os primeiros dois fez com a sua ex-esposa e ultimo com a namorada, os dois maior já estudam.


Reginaldo concluiu a formaçao de professores primarios e trabalha como professor durane 8 anos, começa a trabalhar no distrito de magude e 1993 foi transferido para distrito de namaacha na vila fronteriço com Swazilandia na escola primaria Mugado onde entra das 7:30h – 12:30h periodo de manha e das 13:30—17:30h, tem um salario mensal de 3.276,00mt reginaldo depois das despesas consegue poupar mensalmente 500,00mt.


Este é o segundo emprestimo de reginaldo na balcao da Hluvuku e o primeiro com kiva, o primeiro foi de 10000,00mt e foi usado para compra de material para ampliaçao da sua casa e devido ao custo de vida está ampiando em fase, onde este tambem será empreque nesta mesma casa, futuramente reginaldo, apois a conclusao do pagamaneto que está confiante em liquidar antes do prazo fixado, pretende solicitar outro emprestimo para comprar mobilia e reabrir a seu pequeno estabelecimento comercial para aumentar a renda familia pois pretende casar brevemente com a sua namorada e ja que assim o agregado familiar vai aumentar.

About Mozambique

  • $1,389
    Average annual income
  • 60
    View loans »
    Mozambique Loans Fundraising
  • $2,536,375
    Funds lent in using Kiva
  • 23.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Reginaldo Elias to buy materials to build family's house.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 23, 2008
Listed
Jun 7, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009