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Rose
Rose is 41 years old. She is a widow and has 6 children who are between 7 and 20 years old. Rose owns a bar in which she sells different kinds of beer. She has been running this business for 9 years and it has enabled her to improve her standard of living. Rose is requesting a loan to buy beer and fill her bar to make more profits. With the profits, she plans to expand her business.

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
  • 123
    View loans »
    Rwanda Loans Fundraising
  • $13,030,775
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rose buy beer for her bar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011