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Louise
Louise is 20 years old. She sells foodstuffs and has been in this business for a year. She applied for the loan to buy more rice and maize for resale. The profits from the business will be reinvested in the same 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
  • 112
    View loans »
    Rwanda Loans Fundraising
  • $13,837,600
    Funds lent in using Kiva
  • 633.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Louise to buy more rice and maize for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013