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Margarita
Margarita is 54 years old. She is married with nine children aged between 16 and 40. The oldest have already established their homes, and the four youngest attend school.

Margarita wants the loan to buy more beans and sorghum for resale. The profits from the business are expected to be used to reinvest in the same business for better future returns.

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
  • 98
    View loans »
    Rwanda Loans Fundraising
  • $13,837,600
    Funds lent in using Kiva
  • 653.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Margarita to buy more beans and sorghum for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014