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Alphonsine
Alphonsine is 24 years old. She is married to a home-builder and has one child, age 2. She sells different items in her store.

With the loan, Alphonsine will buy more rice, lotion and cooking oil for sale. She will save the profits from the business to increase her savings.

Alphonsine was very excited to pose for the photo.

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
  • 96
    View loans »
    Rwanda Loans Fundraising
  • $13,837,600
    Funds lent in using Kiva
  • 631.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Alphonsine to buy more rice, lotions and cooking oil for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013