Funded

Total loan: $775
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Leta

Mozambique
Boane, Maputo, Mozambique / Grocery Store

A loan of $775 helped to buy and sell products (rice, fish, peanuts, juices, etc.).


Leta's story

Leta was born in Moamba District, Maputo Province in southern Mozambique. She is married and has two children; one of the children still goes to school. Leta finished third grade but did not continue because her parents had financial problems. She lives in her own house with her family and does not support anyone else.

She left Moamba to move to Boane in search of better living conditions. Leta has been a businesswoman for quite some time and sells staple goods. She has an income of about 5,000 meticais which she uses for household expenses, and she saves some in her bank account.

Leta has never had loans from other banks. She learned about Hluvuku through a friend who is also a customer of this institution. This is Leta's second Hluvuku loan, and she is asking for 20,000 meticais to buy products (rice, fish, peanuts, juices and other items) to increase her inventory. The first loan was for 6,000 meticais and was for the business.

She promises to make her payments on time, and in the future she plans to expand her business. To do this, she intends to ask Hluvuku for more loans.

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Loan details

Loan length:

20 months
Disbursed date: November 3, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: November 3, 2011