Aurea Chihanhane


Status: Paying Back

$550.00   Loan Amount
27% repaid

About the Entrepreneur

Name: Aurea Chihanhane
Location: Boane, Maputo, Mozambique
Activity: Cosmetics Sales

About the Loan

Loan Amount: $550.00
Loan Use: To increase the store/salon inventory
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 5, 2009
Date Disbursed: Jun 22, 2009
Date Funded:Jul 15, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.5500 MZN = 1 USD



Aurea Chihanhane is 42 years old, married and the mother of four children aged 13, 19, 24 and 26. She is originally from Maputo, but currently lives in Boane. She stopped studying in the 4th grade as her family could not afford the transportation costs of sending her to school each day.



Aurea runs a small shop that sells hygiene products and clothing and doubles as a beauty salon. She works by herself and does not have any employees. Her best selling product is shampoo. With this loan she intends to expand her product range to meet her customers' demands. In the future she hopes to be able to remodel her home and provide a more comfortable home for her family.


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Journal entries for Aurea Chihanhane


Loan has been disbursed
 
Entrepreneur: Aurea Chihanhane
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Aurea Chihanhane by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 16 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 16, 2009
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Kiva Help Repayment Schedule for Aurea Chihanhane

  Expected Repayments Actual Repayments Comments
September 2009 $24.87 $24.87 Repayment Received
October 2009 $25.90 $25.90 Repayment Received
November 2009 $26.98 $44.57 Repayment Received
December 2009 $28.11 $53.47 Repayment Received
January 2010 $29.28 Available Jan 1 Repayment Received
February 2010 $30.50 Available Feb 1  
March 2010 $31.77 Available Mar 1  
April 2010 $33.09 Available Apr 1  
May 2010 $34.47 Available May 1  
June 2010 $35.91 Available Jun 1  
July 2010 $37.40 Available Jul 1  
August 2010 $38.96 Available Aug 1  
September 2010 $40.58 Available Sep 1  
October 2010 $42.28 Available Oct 1  
November 2010 $44.04 Available Nov 1  
December 2010 $45.86 Available Dec 1