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Clemence
Clemence is 33 years old and a mother of four children aged 3 to 12. All of them are in school. Her husband is in the transport business.

Clemence has a wholesale shop where she sells Irish potatoes. She has had this business for the past two years. With the loan she plans to invest in her business by expanding her inventory of potatoes. Her goal is to expand her business to four times its current size.

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

  • $1,700
    Average annual income
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 585.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Clemence to expand her inventory of potatoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2010
Listed
Aug 28, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010