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Rui
Rui, 53 years old, is a widower with four children, only one of whom still lives with him. He is studying accounting and management. He works shifts as a security guard at a private company and lives in his own home with his son and grandchildren.
He will use this loan to buy cement, sheet metal, and other materials to continue construction on the house he lives in.
In the future he hopes to build a room for his son. He will be frugal with his salary and take out more loans with Hluvuku-Adsema to carry out his projects.
View original language description ↓
Senhor Rui é viuvo, tem 53 anos de idade e tem 4 filhos mas só um é que está na sua responsabilidade. Está cursando nίvel médio em contabilidade e gestão, é segurança de uma empresa privada e trabalha em turnos, vive na casa própria com o seu filho e netos.
o dinheiro de empréstimo será aplicado na compra de cimento, chapas e aros para dar continuidade à construção da sua casa, a mesma onde habita.
No futuro pretende construir uma dependência para o filho. Vai economizar o salário e fazer mais empréstimos na hluvuku-adsema para realizar os seus projectos.

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
  • 49
    View loans »
    Mozambique Loans Fundraising
  • $2,645,650
    Funds lent in using Kiva
  • 29.6
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rui to buy cement, sheet metal, and other materials to continue construction on his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014