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Julienne
Julienne is a 54-year-old Rwandan entrepreneur. She has three children between the ages of 17 and 33 years old. She is a widow.

Since 1997, she has been selling traditional cloth called bitenge. Her business is going well and it has enabled her to look after her children.

She will use this loan to buy more bitenge, from which she will generate more profits. With the profits she will pay school fees for her children and continue to provide for her family.

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
  • 16
    View loans »
    Rwanda Loans Fundraising
  • $13,437,050
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Julienne to purchase traditional cloth called bitenge that she will sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012