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Lourenço (Lorenzo) B. is 35 years old, a native of the Maputo Province, married, and the father of two children. His children are 10 and 12 years old, and both are in school. He supports only his children. Sometimes he helps his parents by sending them some money.

Lourenço studied through tenth grade and stopped when he got engaged to be married, which obligated him to look for work to support his family. He has never moved from the city, and he moved out of his parents’ house in 1996, the year he got married.

Lourenço worked as an electrician at a company in that industry for eight years, working from 7am to 5pm. He learned to do this kind of work at industrial school and has ten years of experience. His monthly salary is 5,500 meticals, and he manages to save some. He lives in his own house.

With a loan of 15,000 meticals, he intends to legalize (pay the fees and get the rights to) a plot of land where he will construct another house in order to increase the family’s assets.

This is Lourenço’s first loan with Hluvuku (Kiva’s Field Partner), and he has never had another loan with any other bank. His dream or future project is to build a suitable house and live suitably with his family.

Translated from Portuguese by April Newman, Kiva Volunteer.

Lourenço B. tem 35 anos de idade é natural da Província do Maputo, casado e pai de 2 filhos com idade entre 12 e 10 respectivamente e ambos estudantes. Apenas sustenta os seus filhos. As vezes ajuda os seus pais enviando algum valor monetário.

Lourenço estudou até décima classe e parou de estudar por ter contraído matrimonio, situação que lhe obrigou a procurar emprego para sustentar a sua família. Nunca mudou de cidade e deixou de viver na casa dos pais em 1996 ano quando contraiu o matrimonio.

Lourenço trabalha como electricista numa das empresas vocacionadas neste ramo a 8 anos, tem um horário das 7 às 17horas. Aprendeu a fazer este trabalho na escola industrial e tem uma experiência de 10 anos. Tem um salário mensal de 5.500,00MT e consegue poupar algum. Vive numa casa própria.

Com emprestimode 15.000,00MT pretende legalizar um terreno onde pretende construir outra casa para aumentar os activos da familia.

Este é o primeiro empréstimo na Hluvuku e nunca teve nenhum empréstimo noutros bancos. Tem como sonho ou projectos para futuro construir uma casa condigna e viver condignamente com a sua família.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mozambique

  • $1,200
    Average annual income
  • 39
    View loans »
    Mozambique Loans Fundraising
  • $3,101,775
    Funds lent in using Kiva
  • 23.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Lourenço to buy material to build his family’s house.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Sep 3, 2008
Aug 6, 2008
Currency Exchange Loss:
Feb 16, 2010