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Rachel
Rachel is 35 years old. She is married with three children aged between 6 and 15 years. She sells sugar, salt, soap and cooking oil. The loan requested will be used to buy more sugar and cooking oil for sale. With the profits, she will put aside more 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
  • 23
    View loans »
    Rwanda Loans Fundraising
  • $13,429,800
    Funds lent in using Kiva
  • 605.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rachel to buy more sugar and cooking oil to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012