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Virginie
Virginie is 43 years old. She has 4 children between 5 and 17 years old. They all go to school. She has spent 4 years selling different items in the shop. With the loan she will add other items such as rice, cooking oil and peanuts. She plans to use the profits from the business to reinvest in the business. In the future, she would like to increase her capital.

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
  • 29
    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 $1,025 helped Virginie to buy more foodstuffs such as rice, cooking oil and peanuts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 15, 2012