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Grace
Grace is 32 years old. She is the mother of four children and all of them go to school. She has been running a canteen for the past two years. The loan requested will be used for buying more fresh milk, sugar, breads, and sodas for selling in her canteen. With the profits, she will pay for the school fees for the 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
  • 121
    View loans »
    Rwanda Loans Fundraising
  • $12,971,425
    Funds lent in using Kiva
  • 598.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Grace to buy more fresh milk, sugar, breads, and sodas for selling.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012