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Antonio Simião
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Antonio was born in Vilanculos, district of the province of Inhambane. He is 24 years old and a single father of a 1-year-old daughter. He went to school up until the 7th grade but he had to drop out so that he could work more hours, earn more money and get married to his wife. Besides his family he is also responsible for his brother that lives in his home.
Antonio left Vilanculos with an uncle that lived in Namaacha, a village that borders Swaziland, to look for work. He worked for his uncle for 2 years earning only 150,00mt. This very reduced amount was not enough for much and, in 2002, Antonio decided to start his own business. Using money he had saved from his salary, he left his uncle home and rented a room where he still lives. Antonio has been in the retail business for 6 years, working between the hours of 7:00am and 9:50pm when students are dismissed from school. His best selling products are radios, cds and cell phone chargers. His monthly revenue is 2500,00mt and he is able to set aside 800,00mt from that.
His business has grown because it satisfies his clients' needs. This is the second loan Antonio requests from Hluvuku and the first through Kiva. The first one was in the amount of 5000,00mt and it was used to purchase home appliances that were sold at his establishment. The loan was repaid without any problems. He is requesting 7000,00mt this time to expand his merchandise variety.

Translated from Portuguese by Bertolt Cantalice, Kiva Volunteer



António nasceu em Vilanculos um distrito da província de Inhambane é solteiro e pai de uma filha com 1 ano de idade, tem 24 anos de idade e estudou até 7ªclasse teve que parar porque precisava de juntar dinheiro para poder se casar com a sua esposa e o tempo de trabalho não era suficiente. Alem da sua família António responsabiliza-se pelo seu irmão mais novo que vive em sua casa.

António sai de Vilanculos com o seu tio que vivia em Namaacha vila fronteriça com a Swazilandia a procura de emprego. Trabalhou para o seu tio durante 2 anos onde só ganhava mensalmente 150,00mt valor este que não chegava para nada. Em 2002 António resolve fazer o seu próprio negocio com o dinheiro que havia guardado do salário saiu em casa do tio e alugou uma dependência onde ele vive até hoje. António exerce actividade comercial a 6 anos onde tem um horário de trabalho das 7:00h as 21:50 hora em que os alunos da noite despegam. Os produtos que tem mais saída são ( Rádios, Discos e Recargas de telemóveis ). Tem lucros mensal de 2500,00mt e deste consegue poupar 800,00mt mensalmente.

O negocio do António está melhorar porque consegue satisfazer as necessidades dos seus clientes. Este é o segundo empréstimo do António no Hluvuku e primeiro no Kiva. O primeiro foi de 5000,00mt e uso o dinheiro para compra de electrodomésticos para revender em seu estabelecimento e conseguiu pagar sem nenhum problema e pede este de 7000,00mt para ampliar a sua mercadoria.

About Mozambique

  • $1,389
    Average annual income
  • 64
    View loans »
    Mozambique Loans Fundraising
  • $2,429,250
    Funds lent in using Kiva
  • 23.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Antonio Simião purchase merchandise to expand stock.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2008
Listed
Jun 26, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009