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Ruth is a Rwandan entrepreneur that owns a shop. She has been running it for two years and so far the profits from her successful business have allowed her to pay the school fees for her children.

Ruth is married to a beer salesman and together they have four children between the ages of 8 and 18 years old.

She will use this loan to buy a refrigerator, as well as rice, sugar, cooking oil, and soap that she can sell in her store.

She plans to use the future profits of her business to help with the purchase of a house.

Ruth hopes to expand her business so that it will be two times bigger, allowing her to continue to provide for herself and her family.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 3
    View loans »
    Rwanda Loans Fundraising
  • $15,573,075
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Ruth to buy a refrigerator for her business as well as rice, sugar, cooking oil, and soap that she can sell in her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 12, 2011
May 30, 2011
Currency Exchange Loss:
Oct 15, 2011