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Graca
Graca was born in Inhambane Province. She is 32 years old and is a single mother of two children. Both children go to school. Graca supports her sister who lives with her in her house. Graca finished seventh grade. She lives in her own house and is able to save 500 meticais per month.

She moved with her husband to Namaacha District to establish their residence and open a store. She was robbed and because of this went bankrupt. Some years later she approached Hluvuku where she got a loan and began her business.She works from 7:00 am until 6:00 pm and has a profit of 5,000 meticais per month, which she uses for expenses for the house and the store.

Graca has never worked with any banks besides Hluvuku. This is her fourth loan, and she is asking for 10,000 meticais to buy products (pasta, potatoes, rice, beans and other items) to increase her inventory. The previous loans (5,000 meticais, 8,000 meticais and 10,000 meticais) were for the business.

Graca expects to pay off the loan successfully and ask for another to expand her store.
View original language description ↓

Nasceu na Provincia de Inhambane , tem 32 anos de idade é solteira mãe de 2 filhos todos vão a Escola. Responsabiliza se pela irmã que vive com ela na sua casa. Fez a 7ª classe vive na casa própria e consegue poupar 500.00mt mensalmente.

Muda se com seu marido para o Distrito de Namaacha fixa sua residência e abre um estabelecimento, sofre assalto e por consequência disso fica falida. Anos depois aproxima se a Hluvuku onde consegue um empréstimo e da inicio do seu negócio ate então. trabalha das 7h as 18h e consegue um lucro mensal de 5.000.00mt que aplica nas dispesas da casa e do seu estabelecimento.

Nunca trabalhou com outros Bancos para além da Hluvuku este é seu quarto empréstimo no valor de 10.000.00mt com o qual pretende comprar produtos( massas, batatas , arroz, feijao e mais) para aumentar o volume da sua mercadoria. Os anteriores de (5.000.00, 8.000.00 e 10.000.00)mt foram para o comércio. Espera pagar com muito sucesso e pedir outro para ampliar o seu estabelecimento.

About Mozambique

  • $1,389
    Average annual income
  • 34
    View loans »
    Mozambique Loans Fundraising
  • $2,456,975
    Funds lent in using Kiva
  • 26.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Graca to buy and sell products (pasta, potatoes, rice, beans, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012