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Francoise
Francoise is 38 years old. She is married and has 7 children between the ages of 1 and 15. Six of her children are enrolled in school. Her husband works as a driver. Francoise sells food stuffs such as maize flour and rice, and has spent 10 years in this business.

With this loan, she will buy more sacks of maize flour and rice to sell. With the profit from this business she will increase the volume of sales. She says her business succeeds because her shop is very popular. In the future, she would like to have a standard business to the extent of becoming the supplier to others.

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,263,150
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Francoise to buy more maize flour and rice to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011