A loan of $425 helped increase inventory.

Lurdes Celeste's story

Lurdes is 40 years old and originally from the capital city Maputo. She has been married for 22 years and has 3 children: a 22 year old woman who is attending the teacher’s professional school, a 19 year old woman who is attending the labor professional school, and a 14 year old boy who is still in 9th grade at the secondary school.

Lurdes studied until 6th grade in Maputo, but in 1984 had to move to Namaacha to take care of her uncle’s children, as he was moving to Inhambane Province to work. The schools in Namaacha were full, so Lurdes couldn’t attend 7th grade that year. The following year Lurdes met her husband and got married, never going back to school again.

Lurdes and her family live at her own house. She has a small grocery shop in front of her house where she sells mainly food and basic needs products. She sells some soft drinks, but refuses to sell alcohol. Her daily income is very related to her inventory. When she has a lot of products to offer she can make up to Mozambique Metical (MZN) 700 in a day. The most sold product is soap: a “Bingo” package of 500mg costs MZN10.

This will be Lurdes’ first ever loan. Chitchatting with her friends she mentioned she was considering asking for some money from lenders at the border (Namaacha borders Swaziland), who charge 100% interest rate, in order to buy inventory. One of the friends, who is an Hluvuku client, told her about the institution and she is very happy about it. This loan will be used to buy inventory and increase sales.

In the future, Lurdes would like to improve her grocery shop and eventually open a new shop at the local market, where she would be able to sell more products.

Loan details

Lenders and lending teams

Loan details