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Jeanine
Jeanine is a Rwandan entrepreneur married to a driver. They have four children between the ages of 4 and 13 years old. All of them are in school.

Since 2003, Jeanine has been selling charcoal. Her business has expanded, and in the time she once sold 20 sacks, she now sells 140.

She will use this loan to purchase more charcoal to sell to meet the growing demand in her business.

With the profits from her business, she plans to accumulate savings and renovate her family’s house. Her goal as a business woman is to become a wholesaler and run her own store.

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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $12,325,600
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Jeanine to buy charcoal for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011