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Clementine
Clementine is 30 years old. She has three children who are 3 to 10 years old. They are all in school and her husband is a driver.

Clementine sells second-hand clothes and she has been selling these clothes for the past 16 years. This business has enabled her to make some savings and pay school fees for their children.

She needs a loan to buy a variety of clothes in order to make more profits. With the profits she plans to accumulate savings.

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
  • 101
    View loans »
    Rwanda Loans Fundraising
  • $12,696,300
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Clementine to buy clothes for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011