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Gaudance
Gaudance, a mother of one child who is attending school, is married to a house builder. Gaudance has been selling vegetables for five years, and will use this loan to purchase more vegetables such as carrots, eggplant and tomatoes for resale. The profits from the business will be used to renovate her house.

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
  • 39
    View loans »
    Rwanda Loans Fundraising
  • $13,303,700
    Funds lent in using Kiva
  • 629.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Gaudance to buy more vegetables for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013