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Colete
Colete is 22 years old with two children aged 6 months and 4 years. She is married to a motorcycle taxi driver. She owns a general store, which she has run for 1 year. Colete would like a loan to buy sugar, salt, soap, and other goods to sell in her shop. Any profits will be used to provide for her family. She dreams of running a big and prosperous store 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

  • $1,000
    Average annual income
  • 27
    View loans »
    Rwanda Loans Fundraising
  • $13,351,700
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Colete to buy more sugar, salt, and soaps to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012