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Isabel Novo Mariamo
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Isabel Novo Mariamo M. was born in 1940 and was raised by her parents. She didn't study beyond third grade due to her early marriage. She is a widow and mother of eight children. Since her childhood, she has dedicated herself to subsistence farming. With the death of her husband in 2002, she saw she would also have to pursue a small business. She started with a little stall in front of her home, and later in the Josina Machel market at milepost 16, without giving up her stall at home.



She learned about Hluvuku through an employee in 2006. She approached them and solicited her first loan the same year, to grow her business. Her business has hit a good stride, despite having paused for more than a month recently after the death of her daughter, a victim of a longterm illness.



With the profits of her business, she supports her family dependents, school fees of her five grandchildren, as well as the health of the whole family. With the loan of 11000 meticais, she intends to acquire more merchandise so as to avoid being out of stock.



Her business has a major impact on the community, as it places basic necessities closer to residents of Chinonanquila, as well as provides employment to herself as a widow, and to one of her grandchildren, who runs the stall at home.



Her plan is to buy the booth at the market at milepost 16 and reconstruct it with conventional material.



Translated from Portuguese by Ilse Ackerman, Kiva volunteer



Localizaçao: Mercado Josina Machel km 16, Boane.


Nome: Isabel Novo Mariamo M.


Actividade: comercio


Montante: 11.000.00mt


Aplicação: compra de produtos de 1ª necessidade


Inicio: 28-01-08


Fim: 22-05-09



Isabel Novo Mariamo M., nasceu em 1940, cresceu sob responsabilidade dos pais, não estudou para alem da 3ª classe devido ao casamento precoce, viúva, e mãe de 8 filhos.
Desde a sua juventude dedicou-se a agricultura de subsistência.Com a morte do seu marido em2002 viu-se obrigada a dedicar-se também a pequenos negócios, começou por uma pequena banca em frente a sua residencia e mais tarde no mercado Josina Machel no km16 sem com isso ter abandonado a banca de casa.



Conheceu a Hluvuku através de uma funcionaria da mesma instituição em 2006, aproximou-se e solicitou o seu 1º credito no mesmo ano para a ampliação do seu negocio.
O seu negocio esta num bom ritmo, pese o facto de ter tido uma pausa de mais de um mês apos a morte da sua filha vitima de doença prolongada, recentemente.



Com os rendimentos do negocio suporta os encargos familiares, as despesas escolares dos seus 5 netos, assim como as de saúde de toda a familia.
Com o empréstimo de 11.000.00MT pretende adquirir mais mercadoria de forma a evitar ruptura de stock.



A sua actividade tem um maior impacto na comunidade, pois põe o produto de 1ª necessidade mais próximo dos residentes de Chinonanquila para alem de proporcionar emprego, a ela que e viúva, e, a um dos seus netos que cuida da banca de casa.



A sua perspectiva e comprar a banca do mercado km16 ao município e reconstruí-la com material convencional.

About Mozambique

  • $1,200
    Average annual income
  • 133
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 24.1
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Isabel Novo Mariamo to buy stock to improve the business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 31, 2008
Listed
Mar 17, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009