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Rostalina
Rostalina is separated from her husband and is the mother of 8 children who are all of age. Only 2 are still studying and are therefore her responsibility. She lives in a house she owns, is 62 years old and has never gone to school. She lives off her business and this is her 3rd loan.

She plans to buy chicks, ration and vaccines to expand her business raising chickens.

Her dream is to develop her business and build an extension to her home.

Her biggest challenge is the fact that her business is quite risky and sometimes she loses almost all her chickens.
View original language description ↓
Mãe separada de 8 filhos todos maiores e tendo apenas 2 ainda na sua responsabilidade e a estudarem. Vive na casa própria, tem 62 anos, não estudou e vive à base de negocio e esta a repetir o crédito pela 3ª vez.
Pretende comprar pintos, ração, vacinas e vitaminas para aumentar a sua criação de frangos.
Ela tem o sonho de desenvolver mais o seu negócio e ampliar a sua casa.
O seu maior desafio é o facto de o seu negocio ser arriscado de tal maneira que as vezes chega a perder quase toda a sua criação

Additional Information

More information about this loan

This loan is part of a partnership between Hluvuku and iDE to bring key technical assistance to farmers in the Maputo district of Mozambique.


Under this program, farmers are offered agricultural loans alongside trainings in horticulture production, water management, irrigation, and more. In addition to this, borrowers are trained in post-harvest handling and-- through iDE’s network of Farm Business Advisers -- they are also offered access to on-the-ground support, as well as linkages to high quality inputs. The maximum loans repayment period is 18 months, with a maximum amount of $3,000.


Agriculture loans are often underfunded by traditional institutions due to the higher risk that they present when compared to smaller business loans.  By funding this loan you are playing an important role in helping Mozambican farmers to access critical support and capital that would otherwise be unavailable to them.

 

About Mozambique

  • $1,200
    Average annual income
  • 63
    View loans »
    Mozambique Loans Fundraising
  • $2,691,000
    Funds lent in using Kiva
  • 30.1
    Mozambique Meticais (MZN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,000 helped Rostalina buy chicks, ration and vaccines to expand her business raising chickens.
72% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2014
Listed
Aug 16, 2014
Currency Exchange Loss:
Possible