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Sergio
Sérgio is married and has two children, one of whom attends school. He lives in a house that he owns. Aside from his family, he also supports his five siblings who live with him.
He has been a vendor (he sells soft drinks, rice, cornflour and other household staples) for over nine years.
With the current loan for 25,000mt he intends to purchase more merchandise so he can meet the demand by stocking up.
His dreams are to increase turnover in his business and acquire a vehicle to make it easier for him to transport the merchandise. His main challenge is the lack of funds for investing in his business.
View original language description ↓
Sérgio, casado, pai de 2 filhos, um que frequenta escola e vive na casa própria. Para além da sua família sustenta também os seus cinco irmãos que vivem com ele.
É comerciante (vende refrigerantes, arroz farinha de milho e outros produtos de primeira necessidade) há mais de nove anos.
Com o presente empréstimo de 25.000,00mt pretende adquirir mais produtos para responder a demanda reforçando o seu stock.
Tem como sonhos aumentar o volume do negócio e adquirir uma viatura para facilitar o transporte da mercadoria. Tem como principal desafio a falta de fundos para investir no negócio.

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About Mozambique

  • $1,389
    Average annual income
  • 19
    View loans »
    Mozambique Loans Fundraising
  • $2,316,975
    Funds lent in using Kiva
  • 29.9
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Sergio to purchase more merchandise so he can meet the demand by stocking up.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014