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Olive
Olive, age 35, is a mother of one child who is 10 years old. Olive has been selling different clothing items such as bed sheets, mattress covers and many others. Therefore, with the profits, she wants to add different clothes to sell. She plans to use the profits from the business to buy a plot of land. In the future, she wants to become a wholesaler of different fabrics.

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
  • 56
    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 $1,025 helped Olive to buy more clothes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012