A loan of $525 helped to buy construction materials (corrugated iron, cement, iron, sand etc. ) to build his home.

Sergio's story

Born in Maputo city, in the province of the same name, in southern Mozambique, he is married with two children, ages 6 months and 2 years old. He stopped attending school himself in the 10th grade when he joined the military, and was assigned to service in Cabo Delgado. He lives in a rental home with his family and also supports his brother who lives with him.

He left Cabo Delgado for Maputo in search of better living conditions for himself. He is an enlisted member of the ministry of national defense for over 7 years now. He has a monthly salary of 6.815.59mt, which he applies to household expenses and also manages to save some in his bank BIM account [Banco Internacional de Mocambique].

He has never borrowed from other banks. He became familiar with the Hluvuku agency through friends who are also loan recipients of this institution. This is his first loan in the amount of 15.000.00mt with which he will buy construction materials (corrugated iron, cement, iron, sand etc.) to build his home.

He is confident that he will repay the loan as scheduled. His dream is to finish constructing his in order to leave the rental house and start a business, for such, he hopes to request additional loans from the Hluvuku agency.

Translated from Portuguese by Kiva volunteer Andrea Kellogg

Loan details

Lenders and lending teams

Loan details