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Raheri
Raheri is 42 years old and she is married with five children, ages 5 to 19. Her husband is a taxi driver. She sells different items on the retail scale and has been doing this for the last three years. This business has enabled her to pay school fees for her children, who are all currently enrolled. She needs a loan to buy more beer in order to make more profits. She will use the profits to expand and to renovate her business.

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
  • 81
    View loans »
    Rwanda Loans Fundraising
  • $12,395,000
    Funds lent in using Kiva
  • 630.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Raheri to buy more beer for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013