Check out some available loans that are similar to this one!

Update on Alphonsine

Alphonsine is married and has four children. She is 39 years old. She has been in the business of selling clothes for 12 years. She wants a loan to buy more types of clothes for resale. With the profits from the business, she will buy plots of land to cultivate. She is very appreciative for the previous loan she received, which she says helped her very much to increase the volume of her stock, as well as changing her family life.

Previous Loan Details

Alphonsine, sells clothes. She is married to a businessman. They have four children aged between three and 14. They all go to school. She requested the loan to increase her business of clothes. She expects to use the profits from this business to build her house. She expects to have a large merch... More from Alphonsine's previous loan »

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 eonomic 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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Rwanda

  • $1,700
    Average annual income
  • 12
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 602.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

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