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Ricardino
Ricardino is 51 years old and married. He has five children and lives with other people (grandchildren, nieces and nephews) in a house that he owns.
He has a great deal of experience in his line of work (raising broiler chickens). With the current loan he intends to purchase construction supplies so he can build another pavilion (large coop) in order to increase production. That way he'll meet the demand of the market. He lives in an area with a lot of potential for his business.
His challenge is to finish the construction work so he can compete on equal terms with other chicken farmers. He dreams of becoming an industrial producer.
View original language description ↓
Ricardino de 51 anos de idade ế casado, pai de 5 filhos e vive na casa propria com mais pessoas ( netos e sobrinhos) .
Tem bastante experiencia na sua actividade ( criacao de frangos de corte) e com o presente emprestimo pretende comprar material de construcao para construir mais um pavilhao ( apoera grande) para aumentar a producao de modo a satisfazer a demanda do mercado. Vive numa zona potencial para a actividade que exerce.
Tem como desafio termiar a obra para poder concorrer em igualidade com outros produtores. Sonhar tornar um produtor industrial.

Additional Information

More information about this loan

Hluvuku’s Agribusiness loan is part of the organization’s effort to help small-scale farmers and fisher-people in the Maputo province to support their businesses. Through this individual loan program, borrowers are able to make repayments whenever possible over the maximum 18-month repayment period, allowing them to match their repayments to their cash flows (e.g. after the harvest). After receiving their loan, Hluvuku staff members and loan officers also provide clients with informal support for their businesses. By funding this loan, you are providing small-scale farmers and fisher-people in Mozambique with key flexible capital and support to help them further their ventures.

 

About Mozambique

  • $1,389
    Average annual income
  • 17
    View loans »
    Mozambique Loans Fundraising
  • $2,308,850
    Funds lent in using Kiva
  • 31.5
    Mozambique Meticais (MZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,275 helped Ricardino to purchase construction supplies so he can build another pavilion (large coop).
71% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible