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Pelagie
Pelagie is 40 years old. She is married, with 7 children ages between 4 and 17.

With the loan, she would like to buy more beer and soda to sell.

The profits from the business will be used to reinvest in the business.

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

  • $1,700
    Average annual income
  • 30
    View loans »
    Rwanda Loans Fundraising
  • $14,165,950
    Funds lent in using Kiva
  • 671.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Pelagie to buy more beer and soda to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Dec 19, 2013
Currency Exchange Loss:
Possible
Ended:
May 5, 2014