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Marthe
He is a 39-year-old Rwandan entrepreneur with two children who are five and eight years old. Both of his children are in school. He and his wife run a general store.

He has run this store for the past six years selling sugar, rice, beans and other goods.

He requires this loan so that he can purchase more goods that he will sell for a profit.

In the future, he will save all his profits in order to expand his business.

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
  • $11,760,875
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Marthe to purchase more goods to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Jul 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012