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

Juvencio's story

Juvencio was born in the Namaacha district of Maputo province, in southern Mozambique. He is married and the father of a 4 year old, who is not going to school. He went to school until 11th grade but could not finish due to the distance from his home to school in the evening. He manages to save 500.00mt a month.

He has approached Hluvuku requesting a loan to continue his home improvements. He is a permanent employee of the Namaacha school, and has been for over 8 years. Working as an assistant coach, he earns 2.969.40mt monthly, which he applies to household expenses. He also relies on his wife's help from her job as a public water worker in Namaacha.

He already has a loan from BIM. This is his fourth loan from Hluvuku in the amount of 15.000.00mt, with which he will buy construction materials (cement, bricks and beams) to expand his living room as the space currently is very small. His previous loans of 5,000.00, 6,000.00 and 6,000.00mt, respectively were also for his house.

Juvencio has the intention of continuing his studies and professional training and wants to repay his loan ahead of time in order to request loans in the future.

Translated from Portuguese by Kiva volunteer Andrea Kellogg

Loan details

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Loan details