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Adelaide
Adelaide is 32 years of age. She is married with three children, two of whom go to school. With the loan, she would like to buy more rice, sugar, cooking oil and soaps to sell. 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

  • $1,000
    Average annual income
  • 105
    View loans »
    Rwanda Loans Fundraising
  • $13,468,725
    Funds lent in using Kiva
  • 650.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Adelaide to buy more rice, sugar and cooking oil to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013