Funded

Total loan: $700
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Faustino


A loan of $700 helped buy products (fish, stocks, pasta, rice, oil, eggs, milk and others) to increase the quantity of his stock.


Faustino's story

Faustino is married and the father of 2 children who already attend School. He lives in his own house with his family and supports his parents by sending them some money for ongoing expenses.

He is a teacher and a permanent employee of the Ministry of Education. With this loan he plans to buy products (fish, stocks, pasta, rice, oil, eggs, milk and others) to increase the quantity of his stock.

In future he intends to build a commercial establishment outside his back yard and start to breed hens for slaughter. To this end he commits to duly paying off the loan in order to solicit further loans from Hluvuku.

His challenge is to expand his business to be able to continue to request loans from this institution.

Translator profile picture

Translated from Portuguese by Kiva volunteer Ines Teles


Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: October 30, 2012

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: October 30, 2012