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Xevera
Xevera is a mother of four children who are ages 4-18 years old. She is 41 years old and she is very hard working. She owns a general store in which she sells different kinds of items which include cooking oil, soap, rice, etc. Xevera has done this business for two years. This business enabled her to achieve several things such as buying a cow from which she gets milk for her family. The business has also fed her family as well as educate her children. She needs a loan to buy more items such as cooking oil and soap and fill her store in order to make more profits.

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
  • 109
    View loans »
    Rwanda Loans Fundraising
  • $12,654,950
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Xevera buy more items for her shop such as cooking oil, soap, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011