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Esperance
Esperance, 25 years old, has a one year old child. With the new loan she wants to expand her cell phone business through buying more cell phones and accessories to sell. She plans to use the profits to make savings and to renovate the house. She wants to see her business prospering 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
  • 62
    View loans »
    Rwanda Loans Fundraising
  • $12,393,100
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Esperance to buy more cell phones and phone accessories.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2012
Listed
Feb 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012