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Marie
Marie is a 44 year old mother who has three children. She owns a canteen business, which she has been running for the past 15 years. This business helps so much in solving many of her family's basic needs. In order to continue to provide for the family, she has requested this loan to add more items to the canteen. The items she will purchase are highly demanded by the clients. With the profits, she will pay school fees and build a house as her residence.

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
  • 60
    View loans »
    Rwanda Loans Fundraising
  • $12,325,600
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Marie to buy more items in the canteen.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012