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Alphonsine
Alphonsine is 30 years old. She is married with three children. Her husband works as a businessman. With the loan, Alphonsine wants to buy more salt, soap and cooking oil for sale in her store. The profits from the business will be used to buy a cow, which will provide 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

  • $1,700
    Average annual income
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,311,175
    Funds lent in using Kiva
  • 628.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Alphonsine to buy more retail items such as soap, cooking oil and salt for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2013