Check out some available loans that are similar to this one!
Ruth
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) 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

  • $1,700
    Average annual income
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $14,311,175
    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
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011