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Chantal
Chantal, age 40, is married to a teacher and they have two children who both attend school. She sells both used shoes and second hand clothes. She would like to get a loan to add more shoes and clothes for the business. She plans to use the profits for paying school fees for her 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
  • 94
    View loans »
    Rwanda Loans Fundraising
  • $13,450,325
    Funds lent in using Kiva
  • 628.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Chantal to buy more clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013