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Madelene
Madalene is 45 years old. She is married with five children. The oldest child is 17 years old and the youngest is 5 years old. Her husband is a driver.

She has been in business for five years, selling hardware. She wants the loan to buy more construction supplies for sale. The profit will feed 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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 630.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Madelene to buy more construction supplies for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013