A loan of $575 helped to increase stock in her shop.

Helena Francisco's story

Helena Francisco N. was born in Matatuine district. She is married and the mother of two children (19 and 13 years old), one who is the youngest student at one of the official schools in Boane. Helena studied through seventh grade because she lost her parents very early. A native of the city Maputo, she has lived in Boane for more than 20 years with her husband. They live in their own home.

She learned how to run a business during five years of unemployment, having to learn this with her older sibling who also learned by experience. Her specialty is selling sodas, and she makes a monthly income of 300 MT (meticais). This is Elena's second loan with Hluvuku (Kiva's Field Partner) and her first with Kiva. She will use it to buy a variety of products. This is not her first experience with a lending institution; she was a client of two small banks that work in the district. At Hluvuku, she likes the good service and using monthly installments. Her first loan was for 13,000 MT (meticais), which she used to strengthen her business. With the loan of 15,000 MT, the business will improve because she will be able to meet the demand and positively maintain the stability of her business with clients who are more and more satisfied.

Helena's dream is to build an establishment with conventional materials to develop her business in a dignified setting. She says that requisite for reaching her future objectives is paying her loans properly.

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Translated from Portuguese by Kiva volunteer April Newman

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