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Beatrice
Beatrice is 29 years old. She is married with three children. She has been selling various items in her boutique for the past ten years.

With the loan, she would like to buy more retail items for sale.

The profits from the business will be used to reinvest in the same business of foodstuffs.

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
  • 122
    View loans »
    Rwanda Loans Fundraising
  • $12,971,425
    Funds lent in using Kiva
  • 648.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Beatrice to buy more retail merchandises for her boutique.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014