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Marie Therese
Marie Therese is 23 years old and has an 11-month-old child who is too young to go to school. She owns a shop where she sells different items such as sandals, juice, shoe polish and spare parts. Marie has been running her shop for the past three years and her business has enabled her to feed her family and build a small house.

Marie is requesting a loan to buy items for her shop such as shoe polish, different juices, etc. She hopes to increase her profits and save for the future.

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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $13,326,100
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Marie Therese to buy items such as shoe polish and juice to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011