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Total loan: $750
Boane, Maputo, Maputo, Mozambique / Housing
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Alcinda's loan finished fundraising,
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A loan helped To buy construction materials for her home; rocks, sand, cement, iron.
Alcinda was born in the district of Marracuene, Province de Maputo, South of Mozambique, is single and the mother of 1 child who isn't old enough to go to School yet. She lives in her own house with her family and supports her parents by sending money to help with their food expenses. She has been a businesswoman for more than 8 years with a monthly income of around 2.750.00 meticals (MZN) which she uses for household expenses and some of which she saves in her bank account (BIM). She has never had loans from any other banks and came to know Hluvuku through a friend who is also a client of this institution. This is her fourth loan with Hluvuku , for the amount of 20,000.00 MZN with which she intends to buy materials for the construction of her house (stone, iron, sand, cement and others). Her previous loans were for 10,000 MZN, 15,000.00 MZN and 20,000.00 MZN which she also used for her dwelling. She commits to duly paying off her loan and in future aims to build a commercial establishment because currently she uses a rented one, for which she intends to solicit further loans from Hluvuku.