Total loan: $550
Boane, Maputo, Maputo, Mozambique / Housing
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Fernando Francisco's loan finished fundraising,
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A loan helped To buy construction materials for his home (bricks, cement, stone, sand, etc.).
Fernando Francisco's story
Fernando Francisco was born in the district of Boane in the province of Maputo in southern Mozambique. He is married and is the father of two children, both of whom are in school. He studied through the fifth grade and stopped due to his parents' lack of financial resources. He lives in his own home with his family and also supports his parents by sending them money to help with their food costs. He has worked as a baker for more than ten years and makes 5,000 meticals, which he puts towards his home's expenses. He also saves some in his bank account at the BIM bank. He has never had a loan with another bank. He became familiar with Hluvuku through a friend who is also a client of the institution. This is his third loan with Hluvuku, and it is for 15,000 meticals. He will use it to buy construction materials for his home (bricks, cement, stone, sand, etc.). His previous loans were for 10,000 and 12,000 meticals, which he put towards his home. He promises to make his payments on time. In the future, he wants to finish his home, for which he plans on requesting more loans from Hluvuku.