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Floride
Floride is 55 years old. She sells foodstuffs and has been in the business for the past four years.

With the loan, she would like to buy more foodstuffs, such as sorghum, for resale.

The profits from the business will be used to buy more sorghum for sale and to reinvest in the business for a better future.

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
  • 121
    View loans »
    Rwanda Loans Fundraising
  • $13,030,775
    Funds lent in using Kiva
  • 650.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Floride to buy more sorghum for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2014