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Madalene
Madalene is 35 years old. She has two children who are 2 ½ and 4 ½ years old. Her husband is a driver.

She sells food stuffs. She has done this business for one year and this business has enabled her meet her family needs.She wishes to start up a clothes business as well.

She is requesting a loan to buy clothes in addition to the food stuffs she sells.

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
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Madalene to buy clothes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2011
Listed
Apr 27, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011