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Alphonsine
Alphonsine is 44 years old. She is married with five children. She sells beer and soda in her own bar, which she has been running for the past seven years. With this loan, she would like to buy more crates of beer for sale. The profits from the business will be reinvested 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

  • $1,000
    Average annual income
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 680.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alphonsine to buy more crates of beer for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014