He has been a trader for more than 5 years and owns a commercial establishment. The money he makes is used for household expenses and to help his brothers. With this loan he plans to expand his business by buying more products such as: rice, sodas and juices. This is his 6th loan with Hluvuku.
In future he plans to expand his commercial establishments and to buy a truck to transport his merchandise.
His biggest challenge is to keep his business going so that he can pay back his loan.
É negociante a mais de 5 anos, proprietário de um estabelecimento comercial, ganha um valor que aplica nas despesas da casa assim como para ajudar os seus irmãos. Com este empréstimo pretende ampliar o seu negócio adquirindo mercadoria como: arroz, refrescos, sumos. Este é seu 6º empréstimo na hluvuku.
Futuramente pretende ampliar os seus estabelecimentos comercias e adquirir uma camionete para o transporte da mercadoria.
O seu maior desafio é manter o seu negocio para o sustento de crédito.
More information about this loan
This is loan is part of Hluvuku’s effort to empower youth in Mozambique. With maximum repayment terms of 24 months, and maximum loan amounts of $12,000, this product is designed to helps borrowers purchase vehicles to transport goods across the South Africa/Mozambique border. By using the vehicle as collateral, Hluvuku hopes to encourage more young entrepreneurs to apply, as they will need fewer guarantees. By funding this loan, you are helping a youth in Mozambique to generate an income for themselves and their families.
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