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Maria
Maria was born in the district of Boane, in the province of Maputo in southern Mozambique. She is single and the mother of four children, who go to school. She went to school through the fourth grade but had to drop out because of financial difficulties. She lives in her own home with her family, and also supports her daughter-in-law and grandson, who live with them.
She's had a shop for more than 17 years and earns 3,000 meticals a month. She uses her salary for household expenses and is able to save a small amount in her bank account (BIM). She's never had loans from other banks. She learned about Hluvuku from a friend who is also a client of the institution. This is her fifth loan with Hluvuku, in the amount of 15,000 meticals, which she will use to buy products (juice, beans, peanuts, fish, beer, etc.) to increase the quantity of merchandise she carries. Her first loans, in the amounts of 16,000, 17,000, 19,000, and 21,000 meticals, were all used for the business. In the future she hopes to ask for further loans from Hluvuku to expand her business.
View original language description ↓
Nasceu no Distrito de Boane, Provincia de Maputo, sul de Moçambique, solteira e mãe de 4 filhos que frequenta a escola.Fez a 4ª classe e não continuou por falta de condições financeiras. Vive na casa propria com a sua familia e sustenta a sua nora e o neto que vivem com ela.

É comerciante ha mais de 5 anos e tem um rendimento de cerca de 3.000.00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancaria (BIM).
Nunca teve emprestimos noutros bancos, conheceu a Hluvuku atravez de uma amiga que tambem é cliente desta instituição. Este é o quinto emprestimo na Hluvuku no valor de 15.000.00mt, com qual pretende comprar produtos ( sumos, feijão, amendoim, peixe, cervejas e outros) para aumentar a quantidade da sua mercadoria. Os primeiros emprestimos foram de: 16.000.00mt, 17.000.00mt, 19.000.00mt, e 21.000.00mt todos para o comercio.
No futuro pretende solicitar mais emprestimos a Hluvuku para fazer crescer a sua actividade comercial.

About Mozambique

  • $1,389
    Average annual income
  • 78
    View loans »
    Mozambique Loans Fundraising
  • $2,536,325
    Funds lent in using Kiva
  • 26.4
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria to buy products (juice, beans, peanuts, fish, beer, etc.) for her shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012