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Verene is 35 years old and married with two children aged 1 and 8. She sells foodstuffs in a store that she has run for 10 years. She would like a loan to buy more foodstuffs to sell. Any profits will be used to provide for her family. Verene would like to see her store expand in the future.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 10
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Verene to buy more foodstuffs to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 20, 2011
Oct 31, 2011
Currency Exchange Loss:
Mar 15, 2012