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Cecile
Cecile is 29 years old and married to a businessman. She earns a living by selling beer in a store that she has been running for three years. She is requesting a loan to buy more beer to sell, and will use the profits made possible by this loan to set aside money as savings.

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

  • $1,700
    Average annual income
  • 29
    View loans »
    Rwanda Loans Fundraising
  • $14,263,125
    Funds lent in using Kiva
  • 629.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Cecile to buy more beer to sell to her customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013