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Clarisse
Clarisse is 23 years old and has earned a living selling foodstuffs for the last two years. She would like to improve her business, and is applying for this loan to buy more food items, such as sweet potatoes and bananas, to sell to her customers. She currently rents her business location, and plans to use the profits from this loan to buy a plot of land from which she can run her business.

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
  • 27
    View loans »
    Rwanda Loans Fundraising
  • $13,754,400
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Clarisse to buy more foodstuffs to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012