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Erinestine
Ernestine is a 35-year-old Rwandan entrepreneur with four children between the ages of two and eleven. Her husband works as a driver.

For the past 15 years, Ernestine has been running a business selling vegetables. The success of this business has enabled her to pay her children’s medical insurance. She is requesting this loan to purchase three baskets of tomatoes, 100kg of peanuts, and 20 liters of cooking oil that she can sell at a profit. With her future profits, she plans to pay her children's school fees, feed her family, and make 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

  • $1,700
    Average annual income
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Erinestine to buy items to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2011
Listed
Jul 28, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011