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Consolee
Console is a 52-year-old Rwandan entrepreneur with three children between the ages of 19 and 23. One child has finished primary school and the other two are still completing their studies. Her husband works as a farmer.

For the past 30 years, she has sold a local drink called urbushera, which is made from sorghum. This successful business has enabled her to feed her children and improve her family’s standard of living.

She will use this loan to purchase more sorghum from which she will make more urbushera.

She hopes to earn enough profits to purchase a house 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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 594.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Consolee to buy sorghum.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011