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Alexia
Alexia is 38 years old. She is married and has six children who are between the ages of three and fourteen. Her husband sells hardware. Alexia has a beauty salon and sells hair products and cosmetics. She has had this business for thirteen years. She has requested a loan to buy more beauty products to sell and with the profits she would like to expand her house. She says that her business is successful because she repaid the previous loan and managed to save and raise school fees for her children. She would like to get a loan of 500,000RWF in the future. Alexia has been photographed combing her client's hair. All those pictured here have agreed to have their picture taken with her.

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
  • 51
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 593.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alexia to buy more beauty products and cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011