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Theodosie is 30 years old, married and has two children who are three and five. Both her children attend school. Theodosie sells grocery items such as sugar, maize flour, and rice, which she has done for nine years. Her husband is a soldier.

Theodosie will use the loan to add more merchandise such as sugar, maize flour, and rice. With the new profits from her expanded business, Theodosie plans to build a house and rent that house out to generate more revenue in the future.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Theodosie to buy more items to sell such as sugar, maize flour, rice, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 25, 2011
Jan 27, 2011
Currency Exchange Loss:
Jun 15, 2011