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Pedro
Pedro comes from Panda, province of Inhambane. He's 66 years old and officially married. He has six adult children and doesn't support anyone else.
He's a retired physician and earns an income which he uses to pay for household expenses. With this loan he intends to increase turnover in his chicken farm business by purchasing feed, chicks and vitamins. This is his third loan with Hluvuku and the previous loans were used for the same purpose.
In the future he intends to build more coops in order to raise laying hens. His biggest challenge is expanding his business so that he can meet his customers' needs.
View original language description ↓
Nasceu em Panda Província de Inhambane tem 66 anos de idade casado oficialmente pai de 6 filhos maiores de idade não responsabiliza-se por ninguém.
É médico reformado aufere um valor que aplica nas despesas da casa. Com este empréstimo pretende ampliar o volume do seu negócio de criação de frangos adquirindo ração, pintos e vitaminas. Este é o seu 3º empréstimo na hluvuku, sendo que os últimos foram aplicados para mesma actividade.
Futuramente pretende construir mais aviários para a criação de poedeiras. O seu maior desafio é expandir o seu negócio para satisfazer as necessidades dos seus clientes.

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
  • 58
    View loans »
    Mozambique Loans Fundraising
  • $2,429,250
    Funds lent in using Kiva
  • 31.4
    Mozambique Meticais (MZN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,925 helped Pedro to purchase feed, chicks and vitamins.
86% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2014
Listed
Jun 23, 2014
Currency Exchange Loss:
Possible