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Alphonsine
Alphonsine is 46 years old. She is a mother of five children between 9 and 25 years old. She sells foodstuffs and has been in the business for the past 20 years. She would like to get a loan to buy more foodstuffs such as beans, cassava, and sorghum to sell. The profits from the business will be used to renovate her house.

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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 678.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alphonsine to buy more foodstuffs such as beans, cassava and sorghum for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 25, 2014