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Marie
Marie is 48 years old. She is married to a farmer and they have ten children who all go to school. Marie has been selling foodstuffs for the past ten years. With this loan, she would like to buy more beans and bananas for resale. The profits from the business will be used to pay school fees for her children.

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
  • 27
    View loans »
    Rwanda Loans Fundraising
  • $13,367,925
    Funds lent in using Kiva
  • 655.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marie buy beans and bananas to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014