Check out some available loans that are similar to this one!
Matias
Matias is in the military, works 8 hours a day, is married and the father of 4 children who go to primary school and high school. He lives in the military neighborhood with his family whom he supports.

Matias has a small plot of land provided by the state to all military personnel where he is building a small house where he can live with his family. For this reason, the funds from this loan will be used to buy cement, rods and sand to continue the construction of this house.

In future he hopes to build a house with 4 rooms on the same plot of land. Paying off the loan is his biggest challenge as it is a great responsibility which he needs to overcome in order to solicit further loans.
View original language description ↓
Matias é um militar, trabalha 8 horas por dia, é casado e pai de 4 filhos que frequentam o nível primário no primeiro e do segundo grau. Ele vive no bairro militar com a sua família a qual ele sustenta.
O Matias tem um pequeno terreno fornecido pelo estado a todos os militares, onde está a construir uma pequena casa onde possa viver com a sua família. Por isso, os fundos do recente empréstimo serão aplicados na compra de cimento, varões e areia para continuar à construção.
No futuro pretende construir uma casa T4 no mesmo terreno. Liquidar o empréstimo é o seu maior desafio pois é uma grande responsabilidade que precisa ultrapassar para voltar a solicitar mais empréstimos.

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
  • 31
    View loans »
    Mozambique Loans Fundraising
  • $2,379,100
    Funds lent in using Kiva
  • 29.2
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Matias buy cement, rods and sand to continue the construction of his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014