Check out some available loans that are similar to this one!
Veronica
She was born in Milange District, Zambezia Province in northern Mozambique. She is married and has three children between the ages of 7 and 20; all the children go to school. Veronica finished fifth grade and quit school because of financial problems. She lives in her own house with her family and does not support anyone else.

She left Zambezia to move to Maputo with her parents when she was young, and later she made her own home. She has been a businesswoman for more than 12 years. She sells assorted products and drinks, and she earns a monthly income of 7,000 meticais, which she uses for household expenses. She also saves some money in her bank acount (at BIM).

Veronica has never had loans from other banks. She learned about Hluvuku through neighbors who are also customers of this institution. This is her second loan with Hluvuku. She is asking for 17,000 meticais, which she will use to buy products (Colgate, peanuts, Omo laundry soap, soft drinks and other items) to increase her inventory. The earlier loan was for 10,000 meticais and was used for business.

Veronica will make her payments as scheduled, and in the future she intends to ask for more loans to buy a vehicle, and to do that she will ask Hluvuku for loans.
View original language description ↓
Nasceu no Distrito de Milange Provincia de Zambezia ao norte de Mocambique, casada e mãe de 3 filhos de 7 a 20 anos de idade todos Vão a Escola. Fez a 5ªclasse e parou devido a falta de condiçoes financeiras. Vive na casa propria com a sua familia e não sustenta mais ninguem.
Saiu de Zambezia para Maputo ainda pequena com os seus pais, mais tarde formou o seu proprio lar. É negociante ha mais de 12 anos, vende produtos diversos e bebidas onde consegue um rendimento mensal de 7.000.00mt que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca fez emprestimo noutros bancos, conheceu Hluvuku atravez de vizinhos que tambem são clientes desta instituição. Este é o seu segundo emprestimo na Hluvuku no valor de 17.000.00mt, com qual pretende comprar produtos (colgate, amendoim, omo,refresco, e outros ) para aumentar a quantidade da mercadoria. O emprestimo anterior foi de 10.000.00mt e aplicou no comercio.
Vai pagar de acordo com calendario e no futuro pretende solicitar mais emprestimos para comprar uma viatura e para tal tenciona solicitar a Hluvuku.

About Mozambique

  • $1,389
    Average annual income
  • 105
    View loans »
    Mozambique Loans Fundraising
  • $2,547,825
    Funds lent in using Kiva
  • 27.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Veronica to buy and sell products (Colgate, peanuts, Omo laundry soap, soft drinks, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2012