A loan of $400 helped to purchase goods for selling (oil, sugar, beans, etc.).

Ivone's story

She was born in the district of Boane, province of Maputo, southern Mozambique. She is a widow and the mother of six children, of which only one still attends school. She never had the opportunity to study for lack of financial conditions. She lives with her family in a house she owns and doesn't support anyone else.
She has been a businesswoman for over 35 years and earns an income of about 6.000mt a month. She uses it to pay for home expenses and saves part of it in her bank account.
She has had loans in other banks (PROCREDIT) and has been able to pay them back without any difficulties. She first heard of Hluvuku through friends who are also clients of this institution. This is her first loan with Hluvuku. It is for 10.000mt, which she intends to use to purchase goods (oil, sugar, beans, etc.) in order to increase the volume of her merchandise.
She intends to request more money in order to build her house. She will request other loans from Hluvuku.

Translated from Portuguese by Kiva volunteer Renata Wolff

Loan details

Lenders and lending teams

Loan details