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Lucrencia
She was born in the town of Chimoio, province of Manica, central Mozambique. She's a widow and has four children - only two of them attend school, the others have already started their own families. She completed 7th grade and stopped because her parents lacked financial conditions. She lives with her family in a house she owns and also supports three grandchildren who live with her.
She left Chimoio for Maputo, in the district of Boane, when she got married. She has been a businesswoman for over 16 years. She sells various products and earns an income of about 6.400mt. She uses it to pay for home expenses and also saves part of it in her bank account.
She has never had loans in other banks. She first heard of Hluvuku through a friend who is also a client of this institution. This is her third loan with Hluvuku. It is for 20.000mt, which she intends to use to purchase goods in order to increase the quantity of her merchandise (oil, peanuts, flour, juice, etc.). The previous loans were for 15.000mt and 15.000mt, for her retail business.
She pledges to make her repayments as scheduled. In the future she plans to expand her business so that she can keep her customers satisfied. For that purpose she plans to request more loans from Hluvuku.
View original language description ↓
Nasceu na cidade de Chimoio, Província de Manica, Centro de Moçambique, viúva e mãe de 4 filhos dos quais apenas 2 frequentam a Escola e os outros já formaram suas famílias. Fez 7ª classe e parou por falta de condições financeiras pela parte de seus pais, vive na casa própria com a sua família e sustenta mais 3 netos que vivem com ela.

Saiu de Chimoio para Maputo no Distrito de Boane quando casou, é negociante há mais de 16 anos dedica-se a venda de produtos diversos e tem um rendimento de cerca de 6.400.00mt, que aplica nas despesas de casa e poupa algum na sua conta bancária (BIM).

Nunca teve empréstimo noutros bancos, conheceu a Hluvuku através de uma amiga que também é cliente desta instituição. Este é o seu terceiro empréstimo na Hluvuku no valor de 20.000.00mt, com qual pretende comprar produtos para aumentar a quantidade da sua mercadoria (óleo, amendoim, farinha, sumos, e outros). Os empréstimos anteriores foram de 15.000.00mt, e 15.000.00mt, aplicados no comércio.

Compromete se a pagar devidamente e no futuro pretende fazer crescer o seu negócio para satisfazer os seus clientes, para tal tenciona solicitar mais empréstimos a Hluvuku.

About Mozambique

  • $1,200
    Average annual income
  • 114
    View loans »
    Mozambique Loans Fundraising
  • $2,802,350
    Funds lent in using Kiva
  • 27.7
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lucrencia to purchase goods for selling (oil, peanuts, flour, juice, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2013