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Madeleine
Madeleine is 27 years old. She owns a bar and has been running the bar for six months. She has requested this loan to buy more beers and sodas to upgrade her pub business. With the profits from the business, she will make more savings for a better future for her business.

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
  • $12,654,950
    Funds lent in using Kiva
  • 634.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Madeleine to buy more beers and sodas for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013