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Marceline
Marceline is 25 years old, single, and doesn't have any children. She owns a retail store where she sells household items. She prides herself on having an accurate scale for weighing products. With her business profits, Marceline has been able to afford healthcare for herself. She is taking out a loan to buy more household items for her store. Eventually, she hopes to be able to buy larger quantities of goods and become a wholesale store, selling to local retail shops.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.

About Rwanda

  • $1,000
    Average annual income
  • 87
    View loans »
    Rwanda Loans Fundraising
  • $12,654,950
    Funds lent in using Kiva
  • 589.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Marceline to buy household items for her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011