Funded

Total loan: $1,850
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Helder

Mozambique
Chimoio, Mozambique / Agriculture

A loan of $1,850 helped to purchase maize, soya, and cowpea seeds, fertilizer, and other inputs.


Helder's story

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.



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: December 3, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: December 3, 2012