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Americo was born in the district of Chibuto, in the province of Gaza in southern Mozambique. He is married and the father of five adult children. He went to school through fifth grade but had to drop out because of financial difficulties. He lives in his own home with his family, and also supports his grandchildren, who live with him.
He left Chibuto for Maputo (Boane) in search of a better life. He's had a desk job at a driving school for more than seven years and earns about 1,600 meticals a month. He uses his salary to pay for household expenses and also saves a little in a bank account. He has never had loans from other banks. He learned about Hluvuku from a friend who is also a client of the institution. This is his fourth loan, in the amount of 20,000 meticals, which he will use to purchase construction materials (iron, cement, stone, sand, cinder blocks, etc.) to continue the construction on his house. His first loans, in the amounts of 5,800, 10,000, and 15,000 meticals, were all also used for his home. He is committed to paying off this loan without any problems and in the future intends to ask for further loans from Hluvuku to finish and furnish his house.
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Nasceu no Distrito de Chibuto, Provincia de Gaza, sul de Moçambique, casado e pai de 5 filhos todos maiores de idade. Fez a 5ª classe e não continuou por falta de condições financeiras. Vive na casa propria com a sua familia e sustenta os netos que vivem com ele.

Saiu de Chibuto para Maputo ( Boane) a procura de melhores condições de vida, trabalha como servente de escritorio da escola de condução de Boane ha mais de 7 anos e tem salario de 1.600.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca teve emprestimos noutros bancos, conheceu a Hluvuku atravez de um amigo que tambem é cliente desta instituição. Este é o quarto emprestimo na Hluvuku no valor de 20.000.00mt, com qual pretende comprar material de construção para a obra da sua casa (ferro, cimento, pedra, areia, blocos e outros). Os primeiros emprestimos foram de: 5.800.00mt,10.000.00mt,e 15.000.00mt, todos para a obra.
Compromete-se a pagar sem problemas e no futuro pretende solicitar mais emprestimos a Hluvuku para concluir a sua casa e mobiliar.

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
  • 0
    View loans »
    Mozambique Loans Fundraising
  • $2,934,575
    Funds lent in using Kiva
  • 26.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Americo to purchase construction materials (iron, cement, stone, sand, cinder blocks, etc.) to continue work on his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 5, 2011
Oct 1, 2011
Currency Exchange Loss:
Apr 17, 2012