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Alphonsine
Alphonsine is a 31-year-old Rwandan entrepreneur with six children between two months and 12 years old. The youngest child is not yet in school. Her husband works as a moto taxi driver

For the past 10 years, she has sold foodstuffs. The business has enabled her to feed her children and meet the overall needs of family.

She needs a loan to buy more foodstuffs such as sorghum. She will save all future profits and continue paying school fees for her children.

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
  • 64
    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 $850 helped Alphonsine to buy foodstuffs like sorghum 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