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Lourenço Rafael
Lourenço Rafael V. is 26 years old and was born and raised in Inhambane. He is separated and the father of three children, between 1 and 7 years old. Only the oldest son lives with him. He moved to Namaacha, a village on the border of Swaziland, in search for work at his cousin’s company.



Lourenço did not have the opportunity to go to school because his father was an alcoholic, and being the oldest child Lourenço had to work on ranches to feed his siblings. When he was 13 years old, he left Inhambane for his cousin’s house in Namaacha, where he worked as a domestic servant for two years and earned 350 meticais (MTn) per month. Then he worked for four months raising chickens for Mr. Tnga, a major chicken farmer in Namaacha, and received 400 MTn per month. In 1998 he started his own business with the money he had saved from his two years and four months of work. He sells cakes, bread, and mcel and Vodacom phone cards on the border (between Maputo and Swaziland). His best products are the phone cards of 15, 45, 74, and 90 MTn, which he sells for 20, 50, 80, and 100 MTn respectively. He makes 4,000 MTn monthly and is able to save 1,000 MTn per month. From his work experience Lourenço has developed a lot. He was able to build a brick townhouse and will build another house when he is no longer married. He does not want to live with a new wife in the house he built with his ex-wife with whom he is separated because she contracted a mental disease two years ago.



This is Lourenço’s second loan with Hluvuku (Kiva’s Field Partner) and his first with Kiva. He used the first loan of 10,000 MTn to buy products to resell when he had insufficient funds, on account of his wife’s illness. He recuperated costs and repaid the loan before the due date. He will use this second loan of 25,000 MTn for the same purpose. He is confident that he will be able to repay it and will request another loan to build chicken coops at his house and to raise and sell chickens.

View original language description ↓
Lourenço Rafael V. tem 26anos , nasceu e cresceu em Inhambane. É separado e pai de três filhos: um rapaz de 7anos e o mais novo com 1ano, somente o primeiro vive com ele.Mudou-se para Namaacha uma vila na fronteira com swazilândia a procura de emprego na companhia do seu primo.
Lourenço não teve a opurtunidade de ir a escola porque a seu pai era alcolico e ele como é o primeiro filho tinha que trabalhar nes machambas para alimentar os irmãos. Oas 13anos de idade sai de Inhambane para Namaacha em casa do seu primo onde trabalhou como domestico durante dois anos e ouferia mensalmente um valor de 350.00mtn.Depois trabalhou durante 4 meses como criador de frongos com o Sr Tnga um grande criador de frangos em Namaacha e recebia mensaolmente 400.00mtn. Em 1998 começa a praticar o seu proprio negócio com o fundo colectado nos seus 2anos e 4meses de trabalho,vende bolos, pães e creditos de recargas de mcel e vodacom na fronteira ( maputo/Swazilândia), o seu melhor produto são as recargas que compra por 15,00mtn, 45.00mtn, 74.00mtn e 90.00mtn e vende por 20.00mtn, 50.00mtn, 80.00mtn e 100.00mtn consecutivamente, tem um rendimento mensal de 4,000.00mtn e consegui poupar 1,000.00mtn mensalmente. Com a pratica do negócio Lourenço desenvolveu muito, conseguiu construir uma casa de alvenaria tipo três e esta a construir autra casa uma vez que está para se casar e não quer viver com a nova esposa na casa que construiu na companhia da sua ex esposa que se separou por esta ter contraido uma doença mantal a dois anos atrás.
Este é o segundo emprestimo de Louren,co na hluvuku e o primeiro com Kiva, o primeiro de 10.000.00mtn foram usados na compra de produtos para revenda uma vez que o seu fundo era insuficiente devido a doença da ex esposa. Conseguiu recuperar e reembolsou antes do prazo determinado. Este segundo de 25,000.00mtn serão usados para mesmo fim e está confiante que vai conseguir pagar e pedir mais emprestimo para construir capueiras na sua residencia e fazer criação e fenda de frangos.

About Mozambique

  • $1,389
    Average annual income
  • 108
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 24.1
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Lourenço Rafael to increase stock for his kiosk.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 7, 2008
Listed
Sep 23, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010