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Elina
Elina is 40 years old. She is married with seven children, aged between 19 and 3. Six of them go to school. She sells foodstuffs and has been in this business for the past five years. With the loan, she would like to buy more cooking oil, potatoes and beans for sale. She plans to use the profits for reinvesting 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.

Tags

About Rwanda

  • $1,700
    Average annual income
  • 57
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 678.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Elina to buy more cooking oil,potatoes and beans for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 21, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 25, 2014