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Elina
Elina is 37 years old and married to a businessman. They both have 8 children between the ages of 4 and 10. She has spent 12 years in the business of selling cassava. Elina has requested the loan to buy cassava to sell. With the profits, she will pay school fees for her children. In the future, she would like to have a vehicle to help in transporting cassava from the plantation to the marketplace.

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
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,171,825
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Elina to buy more cassava to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012