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Nola
Nola is 38 years old, married and has four children between the ages of four and seventeen. Currently, all four of her children attend school.

Nola sells fresh dairy products, which she has done for six years. She works together with her husband. Nola will use the loan to purchase more bread and milk to sell.

With the new profits from her expanded business, Nola plans to reinvest in the business for continuous growth.

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
  • 104
    View loans »
    Rwanda Loans Fundraising
  • $12,654,950
    Funds lent in using Kiva
  • 592.6
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Nola to buy more fresh dairy products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Possible
Ended:
May 19, 2011