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Clementine
Clementine is 30 years old, married and has 6 months old child. Her husband is a driver. Clementine sells food stuffs which include rice, Irish potatoes, sugar etc. Clementine needs a loan to buy more food stuffs to make more profits. She has been in this business for one year and with her business profits and her husband’s savings they have been able buy a house in which they stay. Clemintine hopes to buy a car in the future which will enable her to sell her goods in different places.

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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $15,198,425
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Clementine to buy food stuffs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011