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Jacinto
Jacinto is a heavy machine operator in a railroad company. He is 54 years old and married, and he has six children, four of whom are still in school. He plans to use this loan to buy cement, sheet metal, and rebar to continue the construction on his house. He will request further loans to complete this project, as it would not be possible with his salary or would take much longer to achieve.
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Jacinto é operador de equipamento pesado numa empresa de caminhos de ferro, tem 54 anos de idade é casado e pai de 6 filhos dos quais 4 estudam e outros 2 ainda menores de idade.
Com o valor do empréstimo quer comprar cimento, chapas de zinco, e ferro para dar continuidade a contrução de sua casa.
Para conseguir realizar este projecto irá pedir mais empréstimos pois com o seu salario não seria possίvel ou levaria mais tempo para concretizá- los.

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

  • $1,200
    Average annual income
  • 132
    View loans »
    Mozambique Loans Fundraising
  • $2,808,950
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Jacinto to buy cement, sheet metal, and rebar to continue the construction on his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014