A loan of $575 helped to buy construction materials for his house (bricks, metal, cement, etc.).

Julio's story

Julio was born in the city of Maputo in the province of the same name in southern Mozambique. He is married and the father of three children, all of whom are in school. He completed school through the 6th grade himself, but wasn't able to continue out of financial constraints. He lives in his own home with his family, which he supports.

He has lived in the Boane district of Maputo Province for more than 10 years and has been in the military for 27 years, receiving a monthly salary of 7,000 MZN [Mozambique Meticais], which goes to his household expenses and also some savings in his personal bank account.

He has never taken out a loan from any other bank and became aware of Hluvuku [Kiva field partner] through some friends who are also Hluvuku clients. This will be his sixth loan with Hluvuku in the amount of 15,000 MZN [Mozambique Meticais] with which he plans to buy construction materials for his house (bricks, metal, cement, etc.). His prior loans were in the amount of 5,600, 8,000, 10,000, 15,000, and 20,000 MZN [Mozambique Meticais], all of which were for this work. He plans to take out further loans from Hluvuku to finish his home and provide a more comfortable life for his family.

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Translated from Portuguese by Kiva volunteer Jacob Bintliff

Loan details

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Loan details