Leonor Elija Cumbe


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Leonor Elija Cumbe
Location: Boane, Maputo, Mozambique
Activity: General Store

About the Loan

Loan Amount: $575.00
Loan Use: To increase stock in her shop
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 10, 2009
Date Funded:Jul 6, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:26.5500 MZN = 1 USD



Leonor Elija Cumbe was born in Gaza 40 years ago. She is a widow and the mother of three children who are all now adults and have moved away from Boane. She supports three grandchildren between the ages of 8 and 12, who live with her in her house. She didn't finish first grade because she had problems with her vision from a young age. It was said to be a spiritual malady. As a young girl she trained for five years as a traditional healer.

She left Gaza during the civil war all by herself because her children were already living in Maputo. She lived in their house with them, and later acquired some land and built her own house in Boane.

Leonor has been a businesswoman for three years and owns a business where she works 7 to 12 hours a day. She doesn't have any employees, and works on her own to sell staple goods, mainly peanuts, which she buys in 50-kg bags for 1750 meticals and sells for 50 meticals a kilo. She earns about 700 meticals a day, which she uses to cover living expenses, and then saves some money in a commercial bank, where she has an account.

Leonor has already received five loans from Hluvuku-Adsema, all for her business. She will use this sixth loan of 15,000 meticals to increase her stock so she can respond to demand for goods.

She heard about Hluvuku through friends. Her previous loans were in the amounts of 2500, 5000, 8000, 15,000, and 10,000 meticals.

In the future, Leonor wants to furnish her house, and will request additional loans for that purpose once this one has been paid off.

Translated from Portuguese by Andrea Rosenberg, Kiva Volunteer


Leonor Elija Cumbe nasceu em Gaza há 40 anos, viúva e mãe de 3 filhos maiores de idade e todos vivendo fora de boane. Sustenta três netos com idades compreendidas entre 8 e 12 anos que vivem com ela na mesma casa. Não concluiu a primeira classe, porque muito cedo contraiu problemas de vista. Chamou de doença espiritual! E, muito cedo foi à formação de cinco anos como curandeira.

Saiu de gaza na altura da guerra civil sozinha porque os filhos já se encontravam no Maputo, viveu com eles na mesma casa, e mais tarde arranjou um terreno e construiu a sua própria casa em Boane.

Leonor é negociante há três anos e dona do negocio onde trabalha cerca de 7 a 12 horas por dia. Não tem empregado e pessoalmente dedica se a venda de produtos de primeira necessidade, principalmente o amendoim que compra a 1.750,00MT o saco de 50 kg e vende a 50,00MT o kilo.
Consegue um rendimento diário de 700,00MT que os aplica nas despesas correntes e poupa algum dinheiro num banco comercial, onde tem a conta.

Leonor já levantou cinco empréstimos com a Hluvuku-Adsema todos para comercio e com este sexto de 15.00,00MT é para aumentar o volume da mercadoria assim como responder a demanda dos produtos.

Ouviu falar da hluvuku através das amigas. Os primeiros empréstimos foram de 2.500,00MT; 5.000,00MT; 8.000,00MT; 15.000,00, e 10.000,00MT.
No futuro, Leonor, pretende mobiliar a sua casa e para tal conta com mais empréstimos logo que terminar de pagar.

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Journal entries for Leonor Elija Cumbe


Loan has been disbursed
 
Entrepreneur: Leonor Elija Cumbe
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Leonor Elija Cumbe 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 Boane, Maputo, Mozambique
Jul 7, 2009
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Kiva Help Repayment Schedule for Leonor Elija Cumbe

  Expected Repayments Actual Repayments Comments
September 2009 $25.27 $25.27 Repayment Received
October 2009 $26.41 $26.41 Repayment Received
November 2009 $27.60 $275.68 Repayment Received
December 2009 $28.85 $247.64 Repayment Received
January 2010 $30.15 Available Jan 1 Repayment Received
February 2010 $31.52 Available Feb 1 Repayment Received
March 2010 $32.94 Available Mar 1 Repayment Received
April 2010 $34.43 Available Apr 1 Repayment Received
May 2010 $35.99 Available May 1 Repayment Received
June 2010 $37.62 Available Jun 1 Repayment Received
July 2010 $39.32 Available Jul 1 Repayment Received
August 2010 $41.09 Available Aug 1 Repayment Received
September 2010 $42.95 Available Sep 1 Repayment Received
October 2010 $44.89 Available Oct 1 Repayment Received
November 2010 $46.92 Available Nov 1 Repayment Received
December 2010 $49.05 Available Dec 1 Repayment Received