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Prudence
Prudence is 41 years old. She is married with five children. With the loan, she would like to buy more rice, salt and soaps to sell. The profits from the business will be used to provide food for the family.

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
  • 115
    View loans »
    Rwanda Loans Fundraising
  • $12,669,850
    Funds lent in using Kiva
  • 671.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Prudence to buy more rice, salt and soaps to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014