Verónica Panguane


Status: Paying Back

$375.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Verónica Panguane
Location: Catembe, Maputo, Mozambique
Activity: General Store

About the Loan

Loan Amount: $375.00
Loan Use: Buy and sell clothes
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 29, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 29, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.1500 MZN = 1 USD



Verónica Panguene is a native of Maptu. She is 43 years old, married and the mother of 6 children. Three live in their own homes and three are still her responsibility.


Verónica was in school through 4th grade and stopped due to cirumstances. She was born and grew up on the outskirts of the city of Maputo. She married in 1979. At age 13, she started her business which she still works in.


Verónica has requested a loan from Hluvuku and Kiva in the amount of 10,000 meticais, with which she plans to increase her business volume. At this time, she has a monthly revenue of 11,000 to 12,000 meticais. In the future, she dreams of buying a vehicle with a loan.

Translated from Portuguese by N Aviva, Kiva Volunteer


Verónica Panguene é natural de Maputo, tem 43 anos de idade, casada e mãe de 6 filhos sendo três a viver nas suas casas e três ainda na sua responsabilidade.

Verónica estudou até 4ªclasse e parou por falta de condições, nasceu e cresceu num dos bairros periféricos da cidade de Maputo, casou em 1979, aos 13 anos inicia actividade comercial qual desenvolve até data hoje.

Verónica solicita empréstimo na Hluvuku e no Kiva no valor de 10000,00mt com qual pretende aumentar o seu volume de negocio, dado que neste momento tem um rendimento mensal de 11000,00mt a 12000,00mt. Futuramente sonha comprar uma viatura e conta com o credito.

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Journal entries for Verónica Panguane


Loan has been disbursed
 
Entrepreneur: Verónica Panguane
Location: Catembe, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Verónica Panguane by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 15 months of this loan, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Catembe, Maputo, Mozambique
May 30, 2009
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Kiva Help Repayment Schedule for Verónica Panguane

  Expected Repayments Actual Repayments Comments
July 2009 $16.48 $16.48 Repayment Received
August 2009 $17.22 $17.22 Repayment Received
September 2009 $18.00 $18.00 Repayment Received
October 2009 $18.82 $18.82 Repayment Received
November 2009 $19.67 $25.48 Repayment Received
December 2009 $20.56 Available Dec 1  
January 2010 $21.48 Available Jan 1  
February 2010 $22.46 Available Feb 1  
March 2010 $23.47 Available Mar 1  
April 2010 $24.53 Available Apr 1  
May 2010 $25.64 Available May 1  
June 2010 $26.80 Available Jun 1  
July 2010 $28.01 Available Jul 1  
August 2010 $29.28 Available Aug 1  
September 2010 $30.60 Available Sep 1  
October 2010 $31.98 Available Oct 1