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Francine
Francine, 30, has two children, aged two and six. The older child is in school, while the younger is still at home. Francine owns a shop in which she sells sodas, cooking oil, rice, etc. She works together with her husband. She has had this business for two years and it has enabled her to improve her family's standard of living.

Francine is requesting a loan to buy more soft drinks, such as sodas and food stuffs, such as rice and cooking oil.

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
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Francine to buy soft drinks and food stuffs for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011