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Augusta
Augusta is 56 years old, married and has four children between the ages of 19 and 29. She is originally from Inhambine, located on the central coast of Mozambique, but moved to Maputo in 1987 when her husband was transferred there for work.

Augusta graduated from high school and began her studies in economics at the university level, but was forced to leave after her second year in order to take care of her children. Since 1997 she has had a business selling used clothes, charcoal and beverages and currently employs two assistants. Her most popular products are soft drinks and beer, which she buys wholesale and sells at retail prices.

Augusta has previously taken out loans with the organization GTZ; this will be her first loan with Hluvuku, a Kiva partner. She intends to use this loan to increase her business' inventory to meet the demands of her clientele. In the near future, she would like to open a second point of sale for her business in order to increase profits. She currently is working out of a stall, but dreams of opening a store of her own.

About Mozambique

  • $1,389
    Average annual income
  • 7
    View loans »
    Mozambique Loans Fundraising
  • $2,308,850
    Funds lent in using Kiva
  • 26.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Augusta increased retail stock.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010