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Francine
Francine is 30 years old. She is married to a farmer and has five children. She sells foodstuffs and has been in the business for the past seven years. This business has enabled her to provide food for her family. Francine needs a loan in order to buy more potatoes, bananas and cassava for sale. The profits from the business will be used to reinvest in the business. She is planning to celebrate Christmas with her family.

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
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,230,800
    Funds lent in using Kiva
  • 630.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Francine to buy more potatoes, bananas and cassava for sale.
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