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Helder is 23 years old and a second-year student at the Instituto Superior Politecnica de Manica (ISPM), an agricultural training college near Chimoio in Mozambique. His parents are subsistence farmers and have six sons and two daughters, so they cannot afford to pay for school. Helder was able to get a scholarship to ISPM for the first two years, but he will need to pay for the final two years.

With the loan, Helder will plant 3-5 hectares of maize, soya and cowpeas. He hopes to use the profits he earns to pay for his remaining university fees and also to help his family. He sees farming as a good way to make a living and also to help the people in his community by providing them with food. One day, Helder would like to be a self-employed farmer who is known for his good farming skills.

Additional Information

More information about this loan

Kiva's support will finance the direct crop and services costs for each participating farmer, including financing their first small student plots. The loan will pay for all necessary inputs and associated services from end to end. These expenses include: seeds, fertilizers, and herbicides; land preparation, planting, and spraying; and harvesting, bagging, and transport of crops. An innovative component of the loan product is a weather insurance feature, which is covered by the interest fee on the loan. Weather index insurance is purchased on behalf of the farmers at the beginning of the planting season, and if aggregate rainfall in the critical months of January and February falls below a certain level, the farmers fully recover their direct crop costs.

About Africa Agricultural Development Company

Africa Agricultural Development Company (AgDevCo) is a nonprofit venture capital organization that invests to create successful agribusinesses. Their mission is to relieve poverty directly and indirectly by raising agricultural productivity for rural communities in sub-Saharan Africa, particularly by investing in smallholder farmers. Kiva’s support will finance the direct crop and services costs for each participating farmer, including financing their first small student plots.

AgDevCo joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

About Mozambique

  • $1,200
    Average annual income
  • 0
    View loans »
    Mozambique Loans Fundraising
  • $2,931,625
    Funds lent in using Kiva
  • 29.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Helder to purchase maize, soya, and cowpea seeds, fertilizer, and other inputs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Dec 3, 2012
Nov 30, 2012
Currency Exchange Loss:
Nov 26, 2013