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Patricie
Patricie is 37 years old. She has been selling different items for the past two years in her boutique. With this loan, she wants to add more items such as sugar, soap and lotions to increase the volume of sales. The profits from the business will be used for savings.

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
  • 60
    View loans »
    Rwanda Loans Fundraising
  • $12,325,600
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Patricie to buy more sugar, soap and lotions to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 17, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012