Anastáncia Nhancuava Nhane

Status: Paid Back

$800
Loan Request
Disbursed : Sep 13, 2007
Listed: Aug 30, 2007
Funded: Aug 30, 2007
$800
Paid Back
Ended: May 5, 2008

About the Country

Country:Mozambique
Avg Annual Income:$1,389
Currency:United States Dollars (USD)


About the Loan

Location: Maputo, Mozambique   Repayment Term: 11 months
(more info)
Activity: Clothing Sales   Repayment Schedule: Monthly
Loan Use: Construção de Instalações   Currency Exchange Loss: N/A
      Default Protection: Covered
Anastáncia Nhancuavane Nhane is married and a mother of six children. She lives in Albasine near the city of Maputo. She makes table cloths and bath towels with machine embroidery and also sews clothing. She entered the program on 13 February 2006 with her first loan for 6,000MT. This is her fourth loan cycle. This time she plans to take out a loan for 20,000MT to build a shop where she can sew and display her work. Her business has grown recently with the assistance of two previous loans with which she purchase a computerized embroidery machine. She can now make high quality products for a high-end clientele such as Interfranca and customers in the city of Beira.


Translated from Portuguese by Kiva volunteer Julie Lerch



Anastáncia Nhancuavane Nhane é casada e mãe de seis filhos. Vive no bairro Albasine arredores da cidade de Maputo. A cliente faz panos de mesa, toalhas de banho, diverssos bordados à máquina e também roupa. Entrou para o programa a 13 de Fevereiro de 2006, tomando como primeiro empréstimo 6.000 MT. Vai para o 4º ciclo de empréstimo e pretende tomar um empréstimo de 20.000MT, o qual pretende aplicar na construção de um estabelecimento para costura e exposição de suas obras.
O seu negócio cresceu nos últimos tempos uma vez que com o dinheiro dos anteriores empréstimos conseguiu adquirir uma máquina de bordar computarizada que facilita a realização de obras de grande qualidade e uma clientela de topo como a Interfranca e alguns clientes na cidade da Beira.


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Journal entries for Anastáncia Nhancuava Nhane


Loan has been disbursed
 
Entrepreneur: Anastáncia Nhancuava Nhane
Location: Maputo, Mozambique

Thank you for your loan. It has been disbursed to Anastáncia Nhancuava Nhane by FDM (Fundo De Desenvolvimento Mulher) in Mozambique. We are excited to watch this business grow. Over the next 8 - 14 months, FDM (Fundo De Desenvolvimento Mulher) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Brito Chitindza from Maputo, Mozambique
Sep 5, 2007
Comment on this entry

Visiting Anastancia!
 
Entrepreneur: Anastáncia Nhancuava Nhane
Location: Maputo, Mozambique

When I arrived today at Anastancia´s beautiful home located in the Albazine area of Maputo with her loan officer this morning, she warmly greeted us at the gate and chided the officer for not coming sooner and visiting more often. She’s quick to offer us coffee and tea, and we sit on her front porch so I can learn a little more about her business and how her loan is progressing.

I have to start off by saying that I have no idea how Anastancia finds enough time in the day. First, she runs a business making a variety of clothing, embroidered products such as towels, linens, and shirts, as well as other items by special request. She has a long list of clients that range from local neighbours to large companies who hire her services, and they come calling from all across Mozambique! She proudly shows me a number of her products, ranging from pot holders to uniforms, and I´m truly impressed by her talent and she explains that for a particular tablecloth she has just finished, she spent as long as 65 minutes carefully crafting each of the 8 embroidered decals. She is using her current loan to stock up on the necessary supplies to fulfil all her orders, and she sends her products off for delivery every two weeks.

Yet, not only does Anastancia run her successful business (something she has been doing since 1994) but she is also a teacher at a primary school in Maputo and is also taking classes at the local university at night! She’s taking courses to augment her resume so she can begin teaching secondary school, and she will complete all her credits this year. Anastancia is 48 years old and her husband is a disabled war veteran. They have five children (not six as reported in the business description) though they also take care of a grandson who lives with them at home. She clearly works incredibly hard, teaching classes in the morning, working on her business in the afternoons, and attending classes at night, but what I think impressed me most about her was her dream for the future. Her most sought after dream, she tells me, is to open her own small primary school for the local children of Albazine. She tells me how important education is to her, and what she wants most is to give back to the community by teaching the local children and aiding in their development. She already has a site picked out and a core curriculum prepared, and she hopes that with her next loan, she can make this dream a reality.

She explains that FDM has changed her life – she’s received 15 loans in the past! They’ve helped her grow her business from a time where she sewed everything by hand, to being able to fulfil all the bulk orders from the well-known clientele she has now with computerized machines. She’s experienced a large amount of success and is currently constructing a large new house, and while she expects her business to continue growing, now she is focused on fulfilling her dream of building a school. I was so amazed by the dedication and hard work demonstrated by Anastancia, and I feel incredibly lucky to have met her today.


Posted by Charline Yim from Maputo, Mozambique
Nov 29, 2007
Comments (1)

Kiva Help Repayment Schedule for Anastáncia Nhancuava Nhane

  Expected Repayments Actual Repayments Comments
December 2007 $100.00 $100.00 Repayment Received
January 2008 $100.00 $100.00 Repayment Received
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received