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Lorta Uaquene
Lorta Uaquene N. was born in Inhambane, is 56 years old, and has mothered four children, three of whom have passed away. Now she lives with her youngest child, who is married, and her three grandchildren, who all go to school.



Lorta began her school studies very late, due to a lack of means. Her father abandoned her when she was an infant, leaving her with her mother, a simple farmer. He said that he was going to work in neighboring South Africa and has never returned to this day. At age 15 Lorta began her studies and made it through second grade in the old educational system. Then she became pregnant and stopped her studies, having to take care of her three children, who later lost their lives in wartime. Lorta was quite hopeless after the death of her children, and was invited to live with her sister invited in Namaacha, a village on the border of Swaziland. After she arrived there, Lorta worked as a domestic worker for five years. With the money she saved, she began her own business. She built her own house with the earnings from her business. But the expenses for her child's wedding left her almost bankrupt, and she requested a loan from Hluvuku (Kiva's Field Partner) for 8,000 meticais (MT) to bolster the value of her business. She very successfully repaid the loan. This current loan of 10,000 MT will be used to increase the volume of stock for her business, for which she travels once a week. She sells twice a week, on Wednesdays and Saturdays, at the informal market, Shoprite, where there is an exchange of products coming from other countries and she makes a profit of 5,000 MT. Lorta takes care of her mother, who lives with her in her house, and also is able to save 1,000 MT per month.



This is Lorta's second loan from Hluvuku and the first with Kiva. The first 8,000 MT were used to strengthen her business, and these 10,000 MT will be used to increase the volume of her inventory. She is confident that she will repay the loan early and will ask for another loan to finish the house of her only child.

View original language description ↓
Lorta Uaquene N. nasceu em inhambane tem 56 anos de idade e solteira mãe de 4 filhos dos quais três já falecidos. actualmente vive com seu filho mais novo já casado e com seus 3 netos estes que vão a escola.

Lorta inicia os seus estudos muito tarde devido à falta de condições, pois seu pai a abandonou ainda criança deixando a com sua mãe esta que era uma simples camponesa alegando que ele ia trabalhar na vizinha áfrica do sul, não tendo voltado ate entao.com15 anos lorta inicia seus estudos fazendo assim a 2 classe do antigo sistema e esta fica grávida e abandona os estudos, pois tinha que cuidar dos seus 3 filhos estes que perdem a vida no tempo da guerra. Lorta fica muito desesperada apos a morte dos seus filhos, e a sua irmã convida lhe para morar com ela em namaacha uma vila na fronteira da suazilandia, apos sua chegada começa a trabalhar como empregada domestica durante 5 anos.com o fundo colectado ela inicia o seu próprio negocio e constrói a sua própria casa com o rendimento ganho nos negócios, mas devido aos preparativos do casamento do seu filho ela fica na beira da falência e pede empréstimo a hluvuku no valor de 8.000.00MT para reforçar o seu negocio valor este que foi pago com muito sucesso. Estes 10.000.00MT serão usados para aumentar o volume do seu stock tem viajado 1 vez em cada semana, pois ela tem vendido 2 vezes por semana quartas e sábados onde no mercado informal shoprite onde há intercambio de produtos vindo de paises fora tem de lucro 5.000.00MT. responsabiliza se pela sua mãe esta que vive com ela em sua casa e consegue poupar por mês 1.000.00MT

Este e o segundo empréstimo de lorta na hluvuku e primeiro com kiva. os primeiros 8.000.00.MT foram usados para reforçar os seus negócios, e Estes 10.000.00MT serão usados para aumentar o volume do seu stock. Esta confiante que vai reembolsar antes do tempo previsto e pedir um novo empréstimo para concluir a casa do seu único filho.

About Mozambique

  • $1,200
    Average annual income
  • 64
    View loans »
    Mozambique Loans Fundraising
  • $2,689,550
    Funds lent in using Kiva
  • 26.9
    Mozambique Meticais (MZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Lorta Uaquene to increase inventory for her business.
97% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2009
Listed
Jul 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010