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Cremildo
Cremildo comes from the province of Inhambane, southern Mozambique. He's 27 years old and lives with his family in his parents' house. He has two underage children and he's responsible for his two brothers who live in the same house.
He's an education worker (a teacher) and earns an income which he uses to pay for his household and construction expenses. He's currently building a house for himself and his family. However, since the cost of living is rising everyday, he requested a loan so he can finish the basic parts of his construction work by purchasing metal sheets, beams, rods, etc. This is his second loan with Hluvuku already, and the previous loan was also for housing expenses.
In the future he intends to finish repaying the loan and move into his house. His main challenge is moving forward with his education.
View original language description ↓
Cremildo nasceu na Província de Inhambane, no Sul de Moçambique. Tem 27 anos, vive na casa dos pais com a sua família e é pai de 2 filhos menores. Responsabiliza-se pelos 2 irmãos que vive na mesma casa.
É funcionário da Educação (é professor) e aufere um valor que aplica nas despesas da casa e da sua obra, pois está a construir uma casa para si e para a sua família. Mas como o custo de vida que eleva-se a cada dia que passa, ele solicitou um empréstimo para concluir as minimas partes da sua obra comprando chapas de zinco, barrotes, varoes e mais. Este é já o seu 2º empréstimo na Hluvuku, e o anterior foi também para habitação.
Futuramente pretende concluir o empréstimo e mudar se para a sua propria casa. o seu maior desafio e continuar com a sua carreira estudantil.

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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.

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About Mozambique

  • $1,200
    Average annual income
  • 136
    View loans »
    Mozambique Loans Fundraising
  • $2,804,225
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Cremildo to finish the basic parts of his construction work by purchasing metal sheets, beams, rods, etc.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014