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Mario
Mário is a serviceman and a college graduate. He works 8 hours a day. He's married and has two children who attend elementary school. He supports his family and lives in the military quarter, in a house provided by the government. The money from the loan will be used to purchase rocks, cement and sand, so he can continue building a house of his own. In the future he intends to finish building his house and furnish it. Once he repays the loan he'll apply for other loans again, so that he can accomplish his plans.
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Mário e militar e tem nível superior, trabalha 8 horas diárias, e casado e pai de 2 filhos, que estão no nível primário, sustenta sua família e vive no bairro militar na casa cedida pelo governo. O dinheiro do empréstimo será aplicado na compra de pedra, cimento, areia, para dar continuidade a construção da sua casa própria. No futuro pretende concluir a construção da sua casa e colocar mobila. Quando fechar o empréstimo voltara a solicitar mais para lograr os seus planos.

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
  • 62
    View loans »
    Mozambique Loans Fundraising
  • $2,531,950
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Mario to purchase construction supplies (rocks, cement, sand) in order to continue building his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013