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Madeleine
Madeleine is 24 years old and she has a one year old child. Her husband is a driver.

Madeleine sells second hand shoes and she has been doing this business for the past four years. This business has enabled her to buy the necessities needed at home and she is happy that she has been able afford to buy herself chairs for her resting room. She needs a loan to buy more shoes to make more profits. She plans to save all her profits until she can afford to build her own family house.

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
  • 50
    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 $350 helped Madeleine buying shoes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 27, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2011