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Fausta
Fausta is 33 years old. She is married with three children. The oldest child is 4 years old and the youngest is 10 months. Her husband is a businessman.

She has been in the retail business for ten years. She wants the loan to add more items such as cooking oil and rice to her retail store. The profits from the business will go into her 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

  • $1,700
    Average annual income
  • 36
    View loans »
    Rwanda Loans Fundraising
  • $14,382,325
    Funds lent in using Kiva
  • 630.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Fausta to buy more rice and cooking oil to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013