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Josephine
Josephine is married with two children. The oldest is five years old and the youngest is two and one half years old. Her husband is a farmer. She has been in business for three years. She wants a loan to buy more rice and beans. The profit will pay for her kids’ school fees.

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
  • 113
    View loans »
    Rwanda Loans Fundraising
  • $12,679,725
    Funds lent in using Kiva
  • 630.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine to buy more beans and rice to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013