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Dorothe

Update on Dorothe

Dorothe is 44 years old. She is married with eight children. She has been selling fish and eggs to make a living, for the past 10 years. She wants to add more trays of eggs for sale, with this loan. She plans to use the profits for paying school fees for her children, who are enrolled in various schools.

Previous Loan Details

Dorothe is married with eight children, aged between four and 23. She sells fish and has been in the business for 10 years. She wants the loan to add more volume of fish to sell. With the profits from the business, she plans on paying tuition fees for her children. More from Dorothe's previous loan »

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.

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
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 628.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Dorothe to buy more eggs for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013