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Olinda
Olinda is married and the mother of 4 children who all attend School, lives in her own house with her family and doesn't support anyones else.

She's a trader and owns her own business selling various products. With this loan she intends to buy products (shoes, perfumes, creams, nail polish and others) to increase the quantity of her goods in stock.

In future she wishes to expand her business into other areas and to this end, she commits to duly paying off the loan in order to solicit further loans from Hluvuku.

Her challenge is the Mozambican Metical's inflation in relations to South Africa's currency where she buys her goods and the high cost of customs charges.
View original language description ↓
Casada e mãe de 4 filhos, todos frequentam a Escola, vive na casa própria com a sua família e não sustenta mais ninguém.
É negociante e dona do próprio negócio de venda de produtos diversos. Com este empréstimo pretende comprar produtos (sapatos, perfumes, cremes, esmaltes, e outros) para aumentar a quantidade da sua mercadoria.
No futuro deseja ampliar o seu negócio e para outras zonas, para tal compromete-se a pagar devidamente o empréstimo para solicitar mais a Hluvuku.
O desafio é inflação do metical face da moeda Sul-africana, onde adquire a sua mercadoria e o elevado custo de impostos aduaneiros.

About Mozambique

  • $1,200
    Average annual income
  • 60
    View loans »
    Mozambique Loans Fundraising
  • $2,724,100
    Funds lent in using Kiva
  • 28.6
    Mozambique Meticais (MZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Olinda buy products (shoes, perfumes, creams, nail polish and others) to increase the quantity of her goods in stock.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013