Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

Hluvuku's mission is to improve the socio economic conditions of the population in the Maputo province and contiguous areas, providing sustainable services to low income people, considering the viability of the initiatives. Hluvuku's vision is to play a key role in expanding access to financial services in the Maputo province.

The Matutuine district has a very low population density, of approx. 6.5 inhabitants per square kilometer, and was severely affected by the civil war. It also has a high incidence of the HIV/AIDS virus.

Hluvuku-Adsema wants to attain operational and financial self-sufficiency developing a legal framework and also the technical skills of its workers aiming the introduction of savings products in the local market.

Hluvuku-Adsema can be contacted via email at

Status update — November 7, 2019

Hluvuku-Adsema (a Mozambican NGO) has established a wholly-owned subsidiary called Microbanco Confiança (Trust Microbank) to operate its microcredit activities. Microbanco Confiança (abbreviated MBC) is licensed as a Rural Microbank by the Central Bank of Mozambique. Under Mozambican regulations, as a microbank, MBC will able to start collecting savings. Hluvuku-Adsema's team has passed to MBC, and additional team members have been hired in order to comply with application regulations, as well as to handle operations. As a subsidary of Hluvuku-Adsema, MBC continues to espouse the social mission of its parent NGO.

Status update — September 2, 2010

Hluvuku-Adsema's delinquency rate increased to 32.1% on August 1st, 2010. Since that date, Hluvuku-Adsema has been delinquent in remitting funds to Kiva. As of September 2, 2010, their delinquency rate on Kiva is 48.3%.

Portfolio staff are continuing to follow up with Hluvuku-Adsema, and hope to receive the expected payment soon. In the meantime, Hluvuku-Adsema's fundraising status has been changed from “active” to “paused.”

Once this payment has been received and distributed to Kiva lenders, Hluvuku-Adsema will be unpaused and their delinquency rate should fall to a rate that reflects the amount that borrowers have yet to repay.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 18, 2006 Oct 12, 2005
Total Loans $5,178,300 $1,608,688,920
Amount of raised Inactive loans $0 $647,750
Number of raised Inactive loans 0 706
Amount of Paying Back Loans $542,575 $165,151,500
Number of Paying Back Loans 1,008 202,585
Amount of Ended Loans $4,635,725 $1,442,889,670
Number of Ended Loans 8,508 1,907,536
Delinquency Rate 6.29% 17.24%
Amount in Arrears $22,859 $17,837,794
Outstanding Portfolio $321,744 $103,457,745
Number of Loans Delinquent 190 75,538
Default Rate 0.34% 1.71%
Amount of Ended Loans Defaulted $15,882 $24,702,368
Number of Ended Loans Defaulted 102 61,787
Currency Exchange Loss Rate 3.23% 0.40%
Amount of Currency Exchange Loss $188,716 $7,011,687
Refund Rate 0.37% 0.59%
Amount of Refunded Loans $19,225 $9,486,100
Number of Refunded Loans 27 8,846

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 49.71% 77.44%
Average Loan Size $545 $392
Average Individual Loan Size $545 $600
Average Group Loan Size $0 $1,805
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $1,200 $5,673
Average Loan Size / GDP per capita (PPP) 45.39% 6.91%
Average Time to Fund a Loan 10.42 days 8.07 days
Average Dollars Raised Per Day Per Loan $52.28 $48.58
  Average Loan Term 17.23 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 331 979,534
  Journaling Rate 3.49% 42.24%
  Average Number of Comments Per Journal 0.47 0.03
  Average Number of Recommendations Per Journal 5.22 0.67

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 50% PY 68.00% PY 26.41% PY
  Profitability (return on assets) 1.4% 2.1% -0.56%
  Average Loan Size (% of per capita income) 97.60% 86.00% 11.35%

Country Fast Facts

Field Partner Staff

Carlos Bento
Sabina Bharwani
Franscisco Alfredo Cuamba
Beatriz Mauro
Samora Sique
Cameron Smith
Herminia Tamele
Bernardo Luis Tembe