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Aline
Aline is 20 years old.



She owns a boutique business, which she has been running for the past seven years.



With the requested loan proceeds, she wants to buy more rice and soaps for re-sale purposes. She explains that the profits she generates from the business as a result of the loan will be used to build 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.

About Rwanda

  • $1,700
    Average annual income
  • 30
    View loans »
    Rwanda Loans Fundraising
  • $14,165,950
    Funds lent in using Kiva
  • 640.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Aline to expand her retail business by purchasing additional rice and soaps.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013