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Solange
Solange is 25 years old and she has 2 children who are ages 5 and 3 years old. She owns a store in which she sells different lotions and Vaseline, water, radio cells, candles and foodstuffs such as rice, sorghum, sugar, etc.She works together with her husband; they have done this business for 3 years, and this business has enabled them to meet the needs of their home. Solange needs a loan to buy more foodstuffs such as sugar, rice and sorghum, and she plans to buy more Vaseline as well. She plans to buy a piece of land with the profits she hopes to make.

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
  • 69
    View loans »
    Rwanda Loans Fundraising
  • $11,805,225
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Solange to buy food such as rice, sugar, sorghum, etc., for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2011