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Sarah
Sarah is 45 years old. She is a widow with six children, five of whom attend school. She's been selling beers and sodas for a period of seven years. With the loan, she wants to buy more beers and sodas for sale. She is planning to use the profits for reinvesting in the bar business because she has seen that the demand for alcohol is high.

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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $13,302,075
    Funds lent in using Kiva
  • 635.6
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sarah to buy more beers and sodas for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 31, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013