Funded

Total loan: $750
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Selemane

Mozambique
Boane, Maputo, Mozambique / Personal Housing Expenses

A loan of $750 helped to buy construction materials for his home (rock, cement, beams, iron, etc.).


Selemane's story

Selemane was born in the province of Nampula in northern Mozambique. He is married and is the father of 3 children, all of whom go to school. He studied through the 8th grade and stopped due to his parents' lack of financial resources. He lives in his own home with his family and also supports his sister and nephew, who live with him.

He left Nampula for Maputo in the district of Boane on a mission with the military. He has been demobilized and has received a pension for more than 20 years. His pension is 5,000 meticals, which he puts towards his home's expenses. He also saves some in his bank account.

He has never had a loan with another bank. He became familiar with Hluvuku through a friend who is also a client of the institution. This is his fifth loan with Hluvuku, and it is for 20,000 meticals. He will use it to buy construction materials for his home (rock, cement, beams, iron, etc.). His previous loans were for 15,000, 15,000, 18,000, and 18,500, and all were applied to his home.

He promises to make his payments on time. In the future, he plans to finish his house and grow his business, for which he is planning on requesting more loans from Hluvuku.

Translator profile picture

Translated from Portuguese by Kiva volunteer Tanya Harper


Loan details

Loan length:

20 months
Disbursed date: March 6, 2012

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: March 6, 2012