A loan of $400 helped to buy construction materials to build family house.

Vicente Boavida's story

Vicente Boavida N. is 64 years old. He was born in the province of Gazao, 240 km from Maputo. He is married and has four adult children who are all working.

He had to stop going to school in the second grade because of his parents' lack of financial resources. He doesn't support anyone else, apart from his wife.

He came to Boane when he was 48, seeking improved quality of life, and he lives with his wife in government housing. He's been a civil servant for 30 years and works for the district administrator of Boane. He earns a monthly salary of 3000 meticals.

He heard about Hluvuku through friends and has never obtained loans from other banks. This is his second loan, in the amount of 10,000 meticals, which he plans to use to purchase construction materials. His first loan was for 8000 meticals, which he used to buy consumer goods.

He intends to pay off this loan in accordance with the loan schedule so he can finish the house he's building soon and be able to furnish it.

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Translated from Portuguese by Kiva volunteer Andrea Rosenberg

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