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Laurence
Laurence is 44 years old and has one child who is 16 years old. She owns a general store in which she sells several items such as rice, maize flour, cooking oil, soap, sugar, etc. She has had this shop for 10 years and it has always helped her meet all her family's needs. She is requesting a loan to buy more items such as maize flour,cooking oil,rice etc and fill her store and with the profits she plans to reinvest in her business by buying more items and make more profits.

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 $700 helped Laurence to buy items such as maize flour, cooking oil, and rice for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 30, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011