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Aderine
Adeline 20 years old. She is married to a businessman. She owns a boutique where she has different items that she sells. Adeline has been running the business for four years. She wants the loan to buy more rice, salt, and cooking oil to resell. The profits from the business will be used to buy a plot of land.

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
  • 98
    View loans »
    Rwanda Loans Fundraising
  • $12,696,300
    Funds lent in using Kiva
  • 608.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Aderine buy rice, salt and cooking oil to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012