A loan of $525 helped to buy construction materials (cement, iron and others).


Raimundo's story

Raimundo M., was born in Manica, province in Manica, he is 29 years old, is married and has 3 children who are 6, 3 and 1 years old, the first one goes to school. Raimundo is on the 10th grade of Joaquim Chissano High School and wants to continue studying and go to college. He lives in his own house and besides his family, he supports a brother who lives with them.

He left Manica in the province of Maputo in 2002 in order to start a commercial activity and then he went to look for his family and they live all together now in Boane. Currently he works in a security company (G4), he works close to 8 hours a day and earns a salary of 4.200MT a month, and is able save some money in his bank account.

He never had loans with other institutions, and learned about Hluvuku thru friends. This is his 4th loan for 15.000MT, that he expects to use to buy construction material (cement, iron, doors and others) to keep on building his house. The previous loans were for 6.000MT, 8.000MT and 8.500MT, all for the same activity.

In the future he expects to request more loans to finish his house and offer better living conditions to his family.

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Translated from Portuguese by Kiva volunteer Nina Delgado


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Loan details