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Arminda
Arminda is from the city of Maputo in the province of Maputo in southern Mozambique. She is the single mother of 5 children, and she doesn't remember their respective ages. She finished studying through the ninth grade and stopped due to the lack of financial resources. Now she is starting her studies again. She lives in her own house with her family and doesn't support anyone besides them.

She never left Maputo. She has had her business for more than 19 years and makes 3,500 meticals a month, which she puts towards her home's expenses. She also saves some in her bank account at the BIM bank.

She has never had a loan with other banks. She became familiar with Hluvuku through friends who are also clients of the institution. This is her third loan in the amount of 15,000 meticals, which she will use to buy products for her business like used clothing. Her previous loans were for 5,000 and 10,000 meticals.

Her dream is to build a large commercial location to expand her business for which she plans on requesting more loans from Hluvuku.
View original language description ↓
Natural de Maputo, povincia de Maputo ao sul de Mocambique solteira e mãe de 5 filhos dos quais não lembra as respectivas idades. Fez a 9ª classe e parou por falta de condicoes financeiras,e agora retomou os estudos. vive na casa propria com a sua familia e não sustenta mais ninguem.
Nunca saiu de Maputo, e comerciante a mais de 19 anos e tem um rendimento de 3.500.00mt por mes que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca teve emprestimos noutros bancos. Conheceu Hluvuku atravez de amigas que tambem sao clientes desta instituiçao e este e os seu terceiro emprestimo no valor de 15.000.00mt, com qual pretende comprar produto para o seu negocio como:roupas usadas, os primeiros emprestimos foram de: 5.000.00mt, e 10.000.00mt.
sonho e construir um estabelecimento comercial grande para ampliar o seu negocio e para tal tenciona solicitar mais emprestimos a Hluvuku.

About Mozambique

  • $1,200
    Average annual income
  • 134
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 28.3
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Arminda to buy products for her business like used clothing.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2012