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Veneranda
Veneranda is aged 25 years and single. She owns a retail business. She wants to use the loan for buying more sugar, rice, and cooking oil for sale. She will use the profits from the business to make more savings, so that she can have a more profitable business in the future.

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
  • 57
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 631.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Veneranda to buy more sugar, rice and cooking oil, to sell in her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013