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Mary
Mary is 32 years old. She is married to a truck helper; they have three children aged between 6 and 14 years old. She sells charcoal and has been in the business for one year. Mary needs a loan in order to buy more charcoal for sale to make more profits. The profits from the business will be used to make more 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

  • $1,000
    Average annual income
  • 43
    View loans »
    Rwanda Loans Fundraising
  • $13,787,500
    Funds lent in using Kiva
  • 630.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mary to buy more sacks of charcoal to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013