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Adele
Adele is 28 years old and married to a businessman. They have three children aged between five months and six years, two of whom are in school.


For the past two years Adele has owned a shop where she sells different items such as rice, sugar and salt, to mention a few. She is requesting a 500000 RWF from UOB to buy more rice, sugar, potatoes, cooking oil and salt to sell.


Adele plans to use her profits to pay school fees for her children.

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
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Adele to buy more rice, sugar, potatoes, cooking oil and salt to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012