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Adele
Adele is 42 years old. She sells food items and has been in the business for the past five years. With the requested loan, she would like to buy more items such as maize, beans, and rice for sale. The profits from the business will be used to pay for her children’s school fees.

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
  • 35
    View loans »
    Rwanda Loans Fundraising
  • $14,382,325
    Funds lent in using Kiva
  • 650.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Adele to buy more maize, beans, and rice for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013