Funded

Total loan: $750
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Maria


A loan of $750 helped to invest in her poultry business.


Maria's story

Maria M. was born in Inhambane, she is 56 years old and didn't have the opportunity to study due to her parents lack of resources. She is married and has 8 children between the ages of 25 and 45, all of them married.

Maria left Inhambane for Naamacha, a neighboring village on the boarder of Swaziland, with her husband who was a police officer in Macuacua, a town 7km from the village.

Maria started her own business raising guinea fowls and selling them at the village. She was able to buy a car with the funds she raised and the help of her husband. Having a vehicle to work with, allowed them to expand their business and start selling charcoal in the capital city of Maputo.

But, due to the war, Maria lost all her assets and moved back to her village, where she continued her business, with difficulty. After having a conversation with her son who was already a member, she requested a loan to rebuild her business selling chickens. She is very grateful to Hluvuku and Kiva for having provided her with the amount she requested. She was able to buy 5x100 crates of chicks at 28.000,00MT and resell each bird at 100,00MT, having a profit of 8.000,00MT. She is able to save 2.000,00MT a month because she has to support her grandchildren who are attending school.

This is Maria's third loan with Hluvuku and her second loan with Kiva. The 20.000,00MT that she is requesting will be used to grow her businesses. She is confident that she'll be able to pay her loan back without any problems and later on request a new loan, because besides having her business she can also count on her husband's help.

Translated from Portuguese by Kiva volunteer Mariana Hungria


Loan details

Loan length:

16 months
Disbursed date: June 16, 2009

Lenders and lending teams



Loan details

Loan length:

16 months
Disbursed date: June 16, 2009