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Valerie is 25 years old and married to a driver. She sells charcoal and she has been doing this for more than two years. She has asked for the loan to buy more sacks of charcoal for resale. She believes that the profits from this business will be used to create savings.

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
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Valerie to buy more charcoal to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 27, 2011
Nov 15, 2011
Currency Exchange Loss:
Mar 15, 2012