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Lúcia
Lúcia is married and the mother of two daughters. She has quite a bit of experience in managing small businesses and the correct use of credit, since she has been doing this since the year 2000. She started to work with credit from another microfinance institution that was operating in the area, and was successful in the business with the help of her husband who is a former soldier. Lúcia tells that before building this mini-store, she sold at another, which was precarious, and with the income she was able to grow the business. The first loan she had with HLUVUKU-ADSEMA was to expand the business.


With this financing, she plans to reinforce the business stock, which is short of meeting the needs of her customers in Bairro 3, in the Boane District, which is 35 km away from the capital of Mozambique, Maputo. This neighborhood is home to a population of 1300 people, the majority demobilized from the war.


She also plans to bring in a worker to help her with sales, since at this time, when she goes to make purchases, she closes the store, which has been very inconvenient for the customers.



The original business description in Portuguese is below:



Localização: Bairro 3, Boane,Maputo,Mozambique
Nome do cliente: Lúcia S.
Sector de actividade: Comércio
Valor de empréstimo: 25.000,00mtn (961.00 US$)
Aplicação do empréstimo: Compra e venda de produtos de 1 necessidades
Data de início: 17/11/2006
Duração: 16/11/2007

Lúcia, é casada e mãe de duas filhas com bastante experiência em gestão de pequenos negócios e uso correto de crédito desde ano 2000 que vem exercendo a atividade. Começou a trabalhar com crédito de uma outra instituição micro financeira que operava na zona e tendo sido bem sucedida no negócio com ajuda do marido que é pensionista ex.- militar. Lúcia conta que antes de construir este mini estabelecimento, vendia num outro de material precário e com as receitas foi fazendo crescer o negócio. O primeiro empréstimo que teve com a HLUVUKU-ADSEMA, foi para ampliar o negócio.

Com este financiamento pretende reforçar o stock no negócio que está aquem das necessidades dos seus clientes no bairro 3, Distrito de Boane que dista 35 Kms da cidade de Maputo capital de Moçambique, este bairro alberga uma população de 1,300 pessoas, maioritariamente desmobilizados de guerra.
Também pretende admitir uma trabalhadora para auxilar-lhe nas vendas, pois neste momente quando vai as compras encerra o estabelecimento, o que tem sido um grande constragimento para os clientes.

About Mozambique

  • $1,389
    Average annual income
  • 43
    View loans »
    Mozambique Loans Fundraising
  • $2,391,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paid Back
A loan of $975 helped Lúcia to buy food products.
116% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 11, 2006
Listed
Nov 24, 2006
Currency Exchange Loss:
N/A
Ended:
Feb 14, 2008