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Claudine
Claudine is 30 years old. She is married to a technician and they have five children, all of whom go to school. With this loan, she plans to increase her inventory of clothes, which she has been selling for the past three years. She will increase her savings with the profits from this 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
  • 34
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 630.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Claudine to buy more clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013