Funded

Total loan: $575
Powered by 10 lenders

Maria


A loan of $575 helped to buy products (juice, beans, peanuts, fish, beer, etc.) for her shop.


Maria's story

Maria was born in the district of Boane, in the province of Maputo in southern Mozambique. She is single and the mother of four children, who go to school. She went to school through the fourth grade but had to drop out because of financial difficulties. She lives in her own home with her family, and also supports her daughter-in-law and grandson, who live with them. She's had a shop for more than 17 years and earns 3,000 meticals a month. She uses her salary for household expenses and is able to save a small amount in her bank account (BIM). She's never had loans from other banks. She learned about Hluvuku from a friend who is also a client of the institution. This is her fifth loan with Hluvuku, in the amount of 15,000 meticals, which she will use to buy products (juice, beans, peanuts, fish, beer, etc.) to increase the quantity of merchandise she carries. Her first loans, in the amounts of 16,000, 17,000, 19,000, and 21,000 meticals, were all used for the business. In the future she hopes to ask for further loans from Hluvuku to expand her business.

Translator profile picture

Translated from Portuguese by Kiva volunteer Andrea Rosenberg


Loan details

Loan length:

20 months
Disbursed date: September 5, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 5, 2011