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Fernando Alfredo
Fernando Alfredo M. was born in Boane District, Maputo Province in southern Mozambique. He is 42 years old, married, and has three children, ages 18, 12, and 1. The 12-year-old goes to school. Fernando only completed seventh grade; he did not continue because of financial difficulties. He lives in his own house with his family and supports a niece who lives with him.

He has never left the city of Maputo. For more than 15 years he has worked as an operations technician at Aguas de Moçambique. He has no employees and has a salary of 7,107 meticais per month. He uses this money for household expenses and also manages to save some in his bank account.

Fernando had a loan with Barclays Commercial Bank and decided not to continue with them. He learned about Hluvuku through his cousin, who is a long-time customer of this institution. This is his first loan. He is asking for 15,000 meticais to buy construction materials (zinc sheets, beams, doors and other items) to add on to his house.

He promises to pay off this loan on time to maintain his credit. In the future he would like to ask for more loans to buy another plot and build another house.
View original language description ↓
Fernando Alfredo M. nasceu no Distrito de Boane, Província de Maputo, sul de Moçambique tem 42 anos de idade, casado e pai de 3 filhos de 18, 12 e 01 anos de idade, o de 12 anos vai a escola. Fez somente 7ą classe não continuou devido a falta de condições financeiras. Vive na casa própria com sua família e sustenta a sua sobrinha que vive com ela.
Nunca saiu da cidade de Maputo, trabalha como técnico operativo na empresa Aguas de Moçambique ha mais de 15 anos. Não possui nenhum empregado e tem um salário de 7.107.00mt por mês que aplica nas despesas de casa e ainda poupa algum na sua conta bancária.
Ja teve empréstimo no Banco comercial Barclays e decidiu não continuar mais. Conheceu a Hluvuku através de seu primo que é cliente desta instituição a longa data. Este é seu 1° empréstimo no valor de 15.000.00mt com qual pretende comprar material de construção (chapas de zinco, barrotes, portas e outros) para ampliar a sua residência.
Compromete se a pagar devidamente este empréstimo para poder aceder a outros. No futuro pretende solicitar mais empréstimos para adquirir mais um talhão para construir outra residência.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mozambique

  • $1,200
    Average annual income
  • 62
    View loans »
    Mozambique Loans Fundraising
  • $3,101,775
    Funds lent in using Kiva
  • 34.9
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Fernando Alfredo purchase of construction materials (zinc sheets, beams, doors and other items).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 30, 2010
May 6, 2010
Currency Exchange Loss:
Nov 15, 2011