Total loan: $725


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Manhiça, Maputo Province, Mozambique / Retail

Fernando's loan finished fundraising,
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A loan helped to buy products of basic need for resale.

Fernando's story

Mr. Fernando is 31 years old. He is married and lives in his own house. He is a merchant and father of 3 children, all of them minor ones under his responsibility, who attend primary school. He has a grocery along the road, where he sells various food products, retail and wholsale.
With this business he manages to sustain his family and to provide employment for other people.
He is a responsible man, dedicated and struggeling.
He counts on the help of his wife to manage his grocery in days when he goes to stock up the merchandise.
This is his second loan with HLUVUKU, which aims at increasing his business buying various grocery products, such as: rice, corn flour, fish, chickens, hygiene products among others. He used the previous loan for his grocery as well, buying home appliances to help him with the conservation of his merchandise.
With the revenues from this business he will obtain the amount to repay the loan within the established timeframe.
Having repayed the loan he intends to apply for another one to open a worksite and this way he will realise his dream.