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Francisco
Francisco is 57 years old and married. He has four children, all of whom are independent. He runs an informal business raising chicks and he's been in this line of work as part of a group since 1988. He currently co-owns with his wife a bird coop that contains approximately 1,500 chicks. He supports two nephews.
The current loan will be used to purchase to purchase chicks, vitamins, feed and drinkers so that he can increase productivity and improve his sales volume in larger markets.
View original language description ↓
O Sr Francisco de 57anos de idade, casado e pai de 4 filhos dos quais todos sao indepedente. Ele è negociante informal de criasao de pintos, actividade que vem ezercendo em grupo desde 1988, actualmente esta explorar junto com sua esposa uma capoeira com aproximadamente 1500 pintos. Ele sustenta 2 sobrinhos.
Com o presente emprestimo sera aplicado para comprar (pintos, vitamina, racao e bebidores) para aumentar a sua produtividade, espandir o seu volume da venda em grandes mercado para

Additional Information

More information about this loan

This is loan is part of Hluvuku’s effort to empower youth in Mozambique. With maximum repayment terms of 24 months, and maximum loan amounts of $12,000, this product is designed to helps borrowers purchase vehicles to transport goods across the South Africa/Mozambique border. By using the vehicle as collateral, Hluvuku hopes to encourage more young entrepreneurs to apply, as they will need fewer guarantees. By funding this loan, you are helping a youth in Mozambique to  generate an income for themselves and their families.

 

Tags

About Mozambique

  • $1,389
    Average annual income
  • 34
    View loans »
    Mozambique Loans Fundraising
  • $2,456,975
    Funds lent in using Kiva
  • 31.3
    Mozambique Meticais (MZN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,600 helped Francisco to purchase chicks, vitamins, feed and drinkers so that he can increase productivity and improve his sales volume in larger markets.
78% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
Possible