A loan of $750 helped to buy construction material (cement, stone, zinc sheets, etc.).

Sergio Jeremias's story

Sérgio Jeremias M. was born in the city of Maputo, Maputo Province, in southern Mozambique. He is single and is the father of 2 children, who are 12 and 2 years old. The oldest attends school. He only studied through the 8th grade and did not continue due to a lack of financial resources. He lives in his own house and does not support anybody else besides his children.

Sérgio left Maputo for Boane in search of better living conditions. He is a permanent employee of the company Mozal and has worked there as a driver for more than 2 years. He does not have any employees and earns a salary of 5,800 per month, which he uses to pay for expenses. He even manages to save some in his bank account.

He has never had loans with other banks. He found out about Hluvuku through colleagues who are also clients of this institution. This is his 1st loan, which has a value of 25,000 MZN. He plans to use it to buy construction material (cement, stone, zinc sheets, etc.) in order to expand and improve his house.

He promises to pay back this loan on time so that he can receive others. In the future, he intends to ask for more loans in order to furnish his house and and offer his family a more comfortable place to live.

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Translated from Portuguese by Kiva volunteer Erika Korowin

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