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Fortune
This borrower is a 41-year-old Rwandan entrepreneur with three children between 2 and 9 years old. The older two are in school, and her husband is a driver.

For the past seven years she has owned a general store selling various goods such as mineral water, sugar, and beans. This business has enabled her to feed her family and develop herself and her family’s standard of living.

She will use this loan to reinvest in her general store and buy various items such as rice and sugar.

With additional profits she will buy a piece of land.

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
  • 40
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Fortune to buy items such as rice, sugar, beans, etc. for sale.
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