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Patrick is 76 years old and the leader of the Dukundamatungo Dairy Co-op, which is now 170 members strong. This loan will benefit the entire co-op, which offers many services beyond selling milk, including veterinary care and an animal pharmacy.

Recent truck problems have slowed their activities, and it's prohibitively expensive to hire smaller cars twice a day to transport milk from the collection center to the industry. Dukundamatungo Dairy Co-op has requested this loan to buy a truck that can handle transporting the increased milk production to the industry and ultimately reduce the co-op's overhead costs. With profits from selling milk, they will reinvest in their businesses by buying coolers and restocking their animal pharmacy.

Around 90% of the Rwandan population is involved in subsistence agriculture, but many individuals have a difficult time generating money in this way without access to markets. Additionally, the income that comes from accessing markets is often the only way to pay for things like education and healthcare. Put simply, this truck allows the Dukundamatungo Dairy Co-op to turn their milk into cash, support their co-op, and better the lives of all 170 members.

Additional Information

More information about this loan

This “Community Impact Loan” is part of UOB’s effort to support cooperatives and associations that seek the common benefit of members for non-profit purposes. In Rwanda, these organizations are all too often unable to access long-term financing. This drastically reduces their ability to invest in the machinery or facilities that would make their businesses more profitable, and ultimately more sustainable. We want to change the situation.

In order to access UOB’s “Community Impact Loan,” borrower organizations must be officially registered with the government, have been in existence for at least two years, pass UOB's checks on management and governance, and have a clearly identified need for funding. UOB also requires that each loan benefit 100 or more members of the organization. With Kiva funding, UOB is able to administer loans with flexible repayment terms according to each borrower organizations’ needs and capabilities. By supporting this loan, you are playing an important role in helping businesses grow in underserved regions, impacting hundreds of borrowers and their families.

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.


About Rwanda

  • $1,700
    Average annual income
  • 3
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 671.0
    Rwanda Francs (RWF) = $1 USD