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Ashula
Ashula is 47 years old. She is married and has five children between the ages of 9 and 24. All of her children are enrolled in school, although she mentions that paying all of the children’s school fees is a challenge.

Ashula owns a restaurant where she sells African food. She says that her restaurant is successful because it is clean and she provides good customer care to her clients.

With the proceeds from this loan, she will buy more types of foods and snacks such as donuts in order to increase her product offering. Any profit that she makes from the business will be used to meet the needs of her children, such as buying food and paying school fees.

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
  • 34
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 584.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ashula food and snacks to sell in her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2010
Listed
Sep 26, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011