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Veneranda
Veneranda is a 30-year-old Rwandan entrepreneur. She is a widow with no children.

For the past seven years, she has sold foodstuffs. This business has enabled her to improve the standards of living for her family.

She requires this loan to purchase more cassava that she will sell at her place of business. She plans to save the future profits from her business so she can continue to provide for her family in the long term.

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
  • 29
    View loans »
    Rwanda Loans Fundraising
  • $14,171,825
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Veneranda to buy cassava to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Jul 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011