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Charlotte
Charlotte is 36 years old and married to a soldier. They have three children between the ages of 14 and 16. All the children go to school. She has a beverage business, selling different drinks such as juice, milk, etc. She has been doing this business for five years. She plans to pay school fees and provide food for the family from the profits she will make. She dreams of having her own business shop and to sell the items to others in the future.

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

  • $1,700
    Average annual income
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,267,900
    Funds lent in using Kiva
  • 591.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Charlotte to buy more beverages and drinks for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2011
Listed
Oct 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012