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Alfredo
Alfredo is a widower and has 10 children, 6 of whom are already independent adults. He lives in a house he owns and doesn't support anyone else other than his 4 underage children.
He's a serviceman for the National Ministry of Defense. With the current loan he intends to purchase construction supplies (cement, bricks, wire mesh, etc.) in order to build a hutch and start raising broiler chickens.
In the future he wishes to expand his business and acquire more experience. For that reason he pledges to repay the loan as scheduled so he can request more loans from Hluvuku.
The challenge he faces is getting an outlet for his product and presenting a challenge for the competition.
View original language description ↓
Viúvo e pai de 10 filhos, 6 dos quais já maiores de idade e independentes, vive na casa própria e não sustenta mais ninguém para alem dos 4filhos ainda menores.
É militar do Ministério da Defesa Nacional e com o presente empréstimo pretende comprar material de construção (cimento, blocos, rede, arame e outros) para construir uma capoeira e passar a criar frangos de corte.
No futuro deseja crescer no negócio dele e adquirir mais experiencia, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é conseguir um mercado para o seu produto e desafiar a concorrência.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mozambique

  • $1,389
    Average annual income
  • 33
    View loans »
    Mozambique Loans Fundraising
  • $2,446,150
    Funds lent in using Kiva
  • 30.2
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Alfredo to purchase construction supplies (cement, bricks, wire mesh, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 6, 2014