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Clarisse is married and has two children, ages six and ten. She sells charcoal and has been selling charcoal for five months. With the loan, she wants to buy more charcoal for resale. The profits from the business will be used to provide food for the family.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $15,719,700
    Funds lent in using Kiva
  • 602.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Clarisse to buy more charcoal for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 20, 2012
Jul 13, 2012
Currency Exchange Loss:
Nov 15, 2012