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Esperance
Esperance is 29 years old and married to a farmer. She has four children between two and eight years old. One of her children goes to school. Esperence has a shop in which she sells different commodities like sugar, soap and cooking oil. She has requested this loan to buy more sugar and cooking oil to sell. She hopes to save money from the profit. She would like her business to double the sales in the next two years.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $12,343,975
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Esperance to buy more sugar and cooking oil to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011