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Ernestine, aged 36, is a mother of six children, and all are enrolled in school. She has been selling foodstuffs for the past four years. With the loan, she wants to buy more rice to sell. The profits from the business will be used to pay school fees for the children.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego 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

  • $1,700
    Average annual income
  • 13
    View loans »
    Rwanda Loans Fundraising
  • $15,406,850
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ernestine to buy more rice to sell in the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 31, 2012
Jun 17, 2012
Currency Exchange Loss:
Oct 15, 2012