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Alphonsine
Alphonsine is 30 years old. She is married and has four children between the ages of 9 and 14. All her children go to school. She sells beans and sorghum. She has been selling these products for the past four years.

She wants the loan to buy more beans and sorghum for resale. With the profits, she plans to renovate the house and buy a cow, which will provide milk for the family.

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
  • 66
    View loans »
    Rwanda Loans Fundraising
  • $11,850,375
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alphonsine to buy more beans and sorghum for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012