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Eugenie
Eugenie is 40 years old. She sells used clothes and has been in the business for fifteen years. With the loan, she wants to buy more used clothes and the profits from the business are expected to be used as a source of 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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 628.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Eugenie to buy more clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013