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Frolida
Frolida is 55 years old, and has 5 children, the eldest is 17 and the youngest is 1. She is married to a farmer. Frolida sells food stuffs such as beans, sorghum, and a local juice called Umutobe. She has had this business for 14 years. She is requesting a loan to reinvest in her business, and with the profits, she hopes to renovate her home.

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
  • 50
    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 $700 helped Frolida to reinvest in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011