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Maria
Maria was born in the city of Maputo in the province of the same name in southern Mozambique. She is the single mother of one son, who is already an adult. She studied through the fifth grade and didn't continue due to financial difficulties. She lives in her own home with her family and doesn't support anyone else.

She has had a business selling basic goods for more than ten years. She sells at the local market and in her home. With this work, she makes a monthly income of almost 7,000 meticals, which she puts towards her home's expenses. She also saves some in her bank account and through Xitique (a traditional rotating savings system).

She has had loans with other banks and paid them back without any problems. She became familiar with Hluvuku through a friend who is also a client of the institution. This is her third loan with Hluvuku, and it is for 20,000 meticals. She will use it to buy products (rice, soap, flour, butter, beans, etc.) to increase her quantity of merchandise. Her previous loans were for 20,000 meticals each, and they both went towards her business.

She promises to pay back her loan on time. In the future, she wants to expand the capacity of her business, for which she wants to request more loans from Hluvuku.
View original language description ↓
Nasceu na cidade de Maputo, Província de mesmo nome, Sul de Moçambique, solteira e mãe de 1 filho já maior de idade. Fez apenas 5ª classe e não continuou devido a dificuldades financeiras. Vive na casa própria com a sua família e não sustenta ninguém.

É comerciante há mais de 10 anos, vende produtos de primeira necessidade no mercado local e na sua casa. Nesta actividade consegue um rendimento de cerca de 7.000,00mt por mês que aplica nas despesas de casa e poupa algum na sua conta bancária e no Xitique (sistema tradicional de poupança rotativa).

Já teve empréstimos noutros bancos e pagou sem dificuldades. 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 (arroz, sabão, farinha, óleo, feijão e outros) para aumentar a quantidade da sua mercadoria. Os empréstimos anteriores foram de 20.000,00mt e 20.000,00mt ambos para a mesma actividade.
Compromete se a pagar devidamente o empréstimo e no futuro pretende aumentar a capacidade do seu negocio, para tal tenciona solicitar mais empréstimos a Hluvuku.

About Mozambique

  • $1,389
    Average annual income
  • 108
    View loans »
    Mozambique Loans Fundraising
  • $2,556,750
    Funds lent in using Kiva
  • 27.5
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria to buy and sells products (rice, soap, flour, butter, beans, etc.).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013