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Chantal
Chantal is 33 years old, she has 3 children between the ages 6-11 years. All her children are in school and her husband works with her. Chantal sells a traditional fabric called Kitenge. She has been selling these traditional fabrics for 5 years. She is requesting a loan to buy more fabric and make more profits. With the profits in addition to her savings, she plans to build her own house.

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 $425 helped Chantal buy traditional fabric called Kitenge.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011