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Damarise, aged 28, is a mother of two children who are five and eight years of age. All of the children go to school. Her husband works as a businessman.

Damarise has been selling different items in a boutique for 4 years. She wants a loan to add more items such as sodas, rice and sugar in the boutique. With the profits, she plans to buy a plot of land for digging.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego 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
  • 9
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Damarise to buy more retail goods such as sodas, rice and sugar to sell in the boutique.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 25, 2012
Feb 21, 2012
Currency Exchange Loss:
Jun 19, 2012