Check out some available loans that are similar to this one!
Alice
Alice was born in Goba - Namaacha, a town on the on the border of Swaziland. She is 40 years old and the mother of 4 children with ages between 8 and 25 years old. The three youngest are in school.

Alice, after completing elementary school, was transferred to the town of Namaacha, which is 25km from Goba where she was born. She continued with her schooling and made it through the 7th grade, but she became pregnant and went to live with her husband abandoning her education. Her husband was a great businessman.

Years later her husband passed away from an illness, and her life became difficult. She was able to arrange a job in the capital (Maputo) as a housekeeper, and she worked for 2 years and earned 2,300MT. She had to quit since she lived far from her children so she returned again to Namaacha where she started her own business of selling bread and candies from her yard. In the attempt to grow the volume of her business she approached Hluvuku and solicited a loan in the amount of 10,000MT.

Her best product is bread which she acquires in neighboring Swaziland. Besides her children Alice is not responsible for anyone. She is able to save a little each month. She says that she will be able to pay off this loan without difficulties, and she will request other loans to grow her business as well as realize her other future plans.
View original language description ↓
Name (Nome do Cliente): Alice T.
Internal Client ID (Numero do Expediente do Empréstimo18499
Location (Localização / Sucursal): Namaacha
Primary Activity (Atividade Primaria): comercio
Loan Requested (Valor do Empréstimo em Meticais:10.000mt
Repayment Term (Numero de Prestações Mensais): 14
Loan Use (Uso do empréstimo, em 1 frase) compra e venda de produtos
Disbursement Hluvuku (Data de Desembolso do Empréstimo): 26/05/09
Dêscription (Historial


Alice nasceu em Goba - Namaacha, uma vila na Fronteira com a Swazilandia, tem 40 anos de idade e mãe de quatro filhos com idades compreendas entre os oito e 25 anos de idade, os três mais novos frenquentam a escola.

Alice apois concluir o ensino Primário é transferida para vila de Namaacha que dista 25 km da localidade de goba onde ela nasceu. Continua com os seus estudos e consegue fazer a 7ª classe, mas esta fica grávida e passa a viver com seu marido abandonando assim a escola, Este que era um grande comerciante. Anos depois o seu marido faleceu por motivo de doença e a vida fica difícil, então ela consegue arranjar um emprego na cidade capital (Maputo) como doméstica e trabalha durante dois anos onde recebia 2.300.00MT. Mas teve que abandonar, pois vivia longe dos seus filhos e regressa novamente a Namaacha onde inicia o seu próprio negócio de venda de pão e rebuçados no quintal da sua casa. Na tentativa de aumentar o volume do seu negócio aproxima se a Hluvuku solicitando um empréstimo no valor de 10.000.00MT para. Tem como melhor produto pão de forma adquirido na vizinha Swazilândia. Para além dos seus filhos Alice não se responsabiliza por ninguém. Consegue, por mês, poupar algum valor. Diz que poderá pagar o empréstimo sem dificuldades e pedir outros para fazer crescer o negocio assim como satisfazer outros planos futuros.

About Mozambique

  • $1,389
    Average annual income
  • 90
    View loans »
    Mozambique Loans Fundraising
  • $2,536,325
    Funds lent in using Kiva
  • 27.1
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Alice to increase stocks in her business.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2009
Listed
Jun 19, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010