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Alphonsine
Alphonsine is 25 years old, married, and has a 4 year old child. She owns a shop in which she sells several household items such as sugar, rice, salt, and more. She is requesting a loan in order to reinvest in her business. She will use the extra profits to help meet her family’s needs.

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
  • 82
    View loans »
    Rwanda Loans Fundraising
  • $12,395,025
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Alphonsine to buy additional inventory for her shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011