A loan of $725 helped to purchase goods for selling (refreshments, oil, beer, juice, etc.).

Leonor's story

She was born in Chibuto, province of Gaza, southern Mozambique. She's single and has 8 children - only 5 of them attend school, the others have already started their own families. She never had the opportunity to go to school because her parents lacked financial conditions. She lives with her family in a house she owns and does not support anyone else.
She left Gaza for Maputo, in the district of Boane, in search of a job. She has been a businesswoman for over 3 years and sells various products. She's also been a healer for 23 years and earns an income of about 8.600mt. She uses it to pay for home expenses and also saves part of it in her bank account.
She has never had loans in other banks. She first heard of Hluvuku through a friend who is also a client of this institution. This is her 7th loan with Hluvuku. It is for 20.000mt, which she intends to use to purchase goods in order to increase the quantity of her merchandise (refreshments, oil, beer, juice, etc.). The previous loans were for 2.500mt, 5.000mt, 8.000mt, 10.000mt, 15.000mt and 25.000mt, for her retail business.
She pledges to make her repayments as scheduled. In the future she plans to expand her business so that she can keep her customers satisfied. For that purpose she plans to request more loans from Hluvuku.

Translated from Portuguese by Kiva volunteer Renata Wolff

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Loan details