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Emerance
Emerance is 35 years old. She runs a business selling sorghum and maize. She wants a loan to buy more maize and sorghum for resale. She will use the profits to renovate her house and to save money to build a house 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

  • $1,700
    Average annual income
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Emerance to buy more maize and sorghum to sell.
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