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Beatrice
Beatrice is married to a businessman; they have seven children aged between one and sixteen. She sells milk, and is planning to get a loan for buying a cooler for milk storage. She plans to use the profits for paying school fees for the children.

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
  • 66
    View loans »
    Rwanda Loans Fundraising
  • $11,850,375
    Funds lent in using Kiva
  • 605.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Beatrice to buy a milk cooler to use in the business of selling milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013