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Florence
Florence is 27 years old. She owns a motorcycle, which her husband has been using to earn income. With this loan, Florence would like to buy another motorcycle in order to increase their income. The profits from the business will be used to renovate the house.

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
  • 116
    View loans »
    Rwanda Loans Fundraising
  • $13,030,775
    Funds lent in using Kiva
  • 649.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Florence to buy another motocycle.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2014