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Alphonsine
Alphonsine is 31 years old. She sells various items in her boutique. She is married to a businessman.

With the loan, she wants to buy more cooking oil and sodas to sell. The profits from the business will be used to build her home.

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
  • 25
    View loans »
    Rwanda Loans Fundraising
  • $13,392,250
    Funds lent in using Kiva
  • 632.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Alphonsine to buy more cooking oil and sodas for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013