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Safiya
Safiya is 28 years old. She is married to an accountant who works for the bank. They have two children who are two and ten years old. Safiya owns a beauty salon and she has had this business for four years.

She has requested this loan to buy more shampoo, conditioner and hair care products. The expected profit from this business will be used for savings. Safiya says that her business has done achievable things like paying school fees for her children and also sustains her home needs.

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
  • 81
    View loans »
    Rwanda Loans Fundraising
  • $12,395,000
    Funds lent in using Kiva
  • 580.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Safiya to buy hair care products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011