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Damarce
Damarce is 43 years old. She is married with seven children. She sells milk and has been in the business for three years. With the loan, she wants to buy more containers for collecting milk. The profits from the business will be used to make savings.

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

  • $1,700
    Average annual income
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 635.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Damarce to buy more containers for collecting milk for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013