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Valentine
Valentine is a 29 year old Rwandan entrepreneur with 4 children between the ages of 3 and 9 years old. All are in school.

For the past 9 years, she and her and husband have run a business selling second hand shoes.

Valentine will use the money from this loan to purchase more shoes so that she can increase her profits. She hopes to build up enough capital so that she can expand her business by selling a greater variety of goods in addition to second hand shoes.

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
  • 122
    View loans »
    Rwanda Loans Fundraising
  • $12,971,425
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Valentine to purchase more shoes for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012