A loan of $375 helped to increase inventory for her business.

Lorta Uaquene's story

Lorta Uaquene N. was born in Inhambane, is 56 years old, and has mothered four children, three of whom have passed away. Now she lives with her youngest child, who is married, and her three grandchildren, who all go to school.

Lorta began her school studies very late, due to a lack of means. Her father abandoned her when she was an infant, leaving her with her mother, a simple farmer. He said that he was going to work in neighboring South Africa and has never returned to this day. At age 15 Lorta began her studies and made it through second grade in the old educational system. Then she became pregnant and stopped her studies, having to take care of her three children, who later lost their lives in wartime. Lorta was quite hopeless after the death of her children, and was invited to live with her sister invited in Namaacha, a village on the border of Swaziland. After she arrived there, Lorta worked as a domestic worker for five years. With the money she saved, she began her own business. She built her own house with the earnings from her business. But the expenses for her child's wedding left her almost bankrupt, and she requested a loan from Hluvuku (Kiva's Field Partner) for 8,000 meticais (MT) to bolster the value of her business. She very successfully repaid the loan. This current loan of 10,000 MT will be used to increase the volume of stock for her business, for which she travels once a week. She sells twice a week, on Wednesdays and Saturdays, at the informal market, Shoprite, where there is an exchange of products coming from other countries and she makes a profit of 5,000 MT. Lorta takes care of her mother, who lives with her in her house, and also is able to save 1,000 MT per month.

This is Lorta's second loan from Hluvuku and the first with Kiva. The first 8,000 MT were used to strengthen her business, and these 10,000 MT will be used to increase the volume of her inventory. She is confident that she will repay the loan early and will ask for another loan to finish the house of her only child.

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Translated from Portuguese by Kiva volunteer April Newman

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