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Alice
Alice is 25 years old, unmarried, and without children.

Alice sells traditional African fabrics called kitenge. She has done this business for five years. The business has allowed Alice to develop herself.

After buying more fabrics, Alice hopes to use the profits to build her own house.

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
  • 34
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Alice to buy more fabrics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2011
Listed
Mar 25, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011