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Arvera is 34 years old and has 2 children aged 14 and 17, and are both in school. She sells different types of foodstuffs like peanuts, sunflower oil and small fish. She buys them from neighboring countries and sells them in Rwanda.

She has run this business for the last 14 years. She needs a loan to purchase more foodstuffs to sell in her store. She will use the profits along with her savings to buy a house.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego 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
  • 9
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 590.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Arvera to purchase food to sell in her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 7, 2011
Sep 19, 2011
Currency Exchange Loss:
Feb 15, 2012