A loan of $550 helped to buy beans, rice, flour, peanuts and others for her food stall.

Adelaide's story

Adelaide was born in Zavala, Province of Inhambane, South of Mozambique, is single and the mother of 6 children of whom only 1 goes to School. She completed 4th grade and didn't continue her education due to her parents' lack of financial means, lives in her own home with her family and doesn't support anyone else.

She has been a businesswoman for more than 20 years and dedicates herself to the sale of food products with an income of around 7.000.00 meticals (MZN) which she uses for household expenses and some of which she saves in her bank account (BIM).

She has never had loans from other banks and came to know Hluvuku through a friend who is also a client of this institution. This is her second loan with Hluvuku for the amount of 15,000.00 MZN, with which she intends to purchase product (beans, rice, flour, peanuts and other) to increase the quantity of her goods. Her previous loan was for 15,000.00 MZN which she applied to her business.

Adelaide commits to duly paying off her loan and in future aims to complete the construction of her house and to furnish it, for which she intends to solicit further loans from Hluvuku.

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Translated from Portuguese by Kiva volunteer Ines Teles

Loan details

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Loan details