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Laurence
Laurence is forty four years old. She is married and has five children between the ages of two and twenty two. One of her children goes to school. Her husband works as a rock extractor. Laurence sells green bananas.

She would like to request this loan to buy more green bananas to sell. With the profit from this business she will renovate her house and save money. Her business prospers because she provides good customer care. In the future she would like to buy a motorbike to help her in this business.

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
  • 10
    View loans »
    Rwanda Loans Fundraising
  • $13,437,050
    Funds lent in using Kiva
  • 580.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Laurence to buy more green bananas to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011