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Fortunee
Fortunee is 24 years old. She is married and has one child, aged 1. She has sold spare parts for bicycles for the past four years. With the loan, she wants to add more bicycle spare parts for sale. The profits from the business will be used to buy a cow for providing milk for the 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

  • $1,000
    Average annual income
  • 45
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 635.7
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Fortunee to buy more bicycle spare parts for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 29, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013