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Peace
Peace is 31 years old and has five children. The oldest is 14 and the youngest is two. They are all in school. She sells clothes such as shirts, skirts, pants, etc. She has run this store for the last seven years. This business has allowed her to send her children to school. She would like a loan to buy more clothes in order to grow her business. She will use the profits to build a bigger home.

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
  • 118
    View loans »
    Rwanda Loans Fundraising
  • $13,837,600
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Peace to buy clothes to sell in her clothing store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012