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Sylvie
Sylvie is 26 years old; she sells scraps, and her husband works as a mechanic. They have two children ages three and seven.

She wants the loan to buy more scraps to sell. The profits from the business will be used to buy a 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.

Tags

About Rwanda

  • $1,000
    Average annual income
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 650.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sylvie to buy more scraps to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013