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Olive
Olive is 26 years old and has 4 children between the ages of 2 and 9. All of them attend school. She is married to a businessman. She sells vegetables at her own store which she has been running for 5 years. Olive wants a loan to buy more vegetables to sell. She will use the profits to create savings for her future and pay school fees for her children. She would like to see her business grow and prosper.

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
  • 11
    View loans »
    Rwanda Loans Fundraising
  • $13,437,050
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Olive to buy more vegetables for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012