Check out some available loans that are similar to this one!
Madalena
Madalena was born in the district of Manjacaze, in the province of Gaza in southern Mozambique. She is married and the father of four children, three of whom are adults and the youngest of which attends school. She went to school through the ninth grade but had to drop out because of financial difficulties. She lives in her own home with her family, and also supports her mother.

She left Manjacaze for Maputo in search of a better life. She's been selling chickens for more than four years. She earns about 10,500 meticals a month, which she uses to cover household expenses. She is also able to save a small amount in her bank account (BIM).
She has never had loans from other banks. She learned about Hluvuku from friends who are also clients of the institution. This is her first loan with Hluvuku, in the amount of 25,000 meticals, which she intends to use to buy chickens, feed, and vitamins to increase the quantity of her stock.
She intends to request more loans from Hluvuku to keep her business strong and continue to invest in her chickens.
View original language description ↓
Nasceu no Distrito de Manjacaze, Provincia de Gaza, sul de Moçambique, casada e mãe de 4 filhos os 3 ja são maiores de idade e ultimo ainda frenquenta a Escola. Fez 9ª classe e naõ continuou devido a falta de condições financeiras. Vive na casa propria com a sua familia e sustenta a sua mãe.

Saiu da sua terra natal para Maputo a procura de melhores condições, é comerciante vende frangos de corte ha mais de 4 anos e consegue um rendimento de cerca de 10.500.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca teve emprestimos em outros bancos, conheceu a Hluvuku atravez de amigos que tambem saõ clientes desta instituição. Este é o seu primeiro emprestimo na Hluvuku no valor de 25.000.00mt, com qual pretende comprar frangos, ração e vitaminas para aumentar a quantidade da sua mercadoria.
Pretende manter o seu negocio mais forte e continuar a investir na criação, assim irá solicitar mais emprestimos a Hluvuku.

About Mozambique

  • $1,389
    Average annual income
  • 94
    View loans »
    Mozambique Loans Fundraising
  • $2,541,100
    Funds lent in using Kiva
  • 26.8
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Madalena to buy chickens, feed, and vitamins.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012