A loan of $375 helped to buy and sell soft drinks and groceries.

Adelaide Luis's story

Adelaide C. was born in Maputo, she is 37 years old, single and mother of two children who are 13 and 6 years old. She studied until the 7th grade, she had to stop when she got pregnant. She lives at her own home and doesn't support relatives, just her family.

She never moved from her home, and has been working in commerce for the past 10 years and owns her own business. She sells soft dirnks and groceries. She buys soft drinks at 240MT and sells them at 340MT, and she buys the groceries at 1,100MT and sells them at 1,500MT she gets a profit of approximately 1,500MT from her sales.

This is her first loan at Hluvuku for 10,000MT, which she expects to use to increase the volume of her merchandise buying more drinks and groceries. She learned about Hluvuku from a neighbor who is a long time client. She has never requested credit at another institutions.

She expect to increase her business requesting more loans to get a freezer in order to satisfy her client's needs.

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Translated from Portuguese by Kiva volunteer Nina Delgado

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