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Claudine
Claudine is 25 years old and has three children who are ages 8-3 years old. Her husband is a house builder. She owns and runs a restaurant in which she sells different African dishes, tea and soft drinks. The profits from this business have enabled her to expand her business and meet the needs of her family. She is requesting a loan to buy more foodstuffs and make more profit. She plans to expand her business with the profits she hopes to make.

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
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Claudine to buy foodstuffs to serve in her restaurant.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011