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Alphonsine
Alphonsine is 23 years old. She is married and has two children who are two and five years old. She works together with her husband in the business. Alphonsine owns a boutique and bar. She has had this business for a period of five years.

She needs this loan to add more merchandise like lotions, cooking oil and battery cells in her business and she hopes to buy a plot of land and care for her family from the profit she makes. In the future, she would like to have a big retail shop.

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
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alphonsine to add more merchandise for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011