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Faina
Faina is 24 years old. She is married with one child who is three years old. Her husband is a driver. She sells clothes and she has been running a business for one year. With the loan, she would like to buy more clothes, like trousers and shirts for sale. The profits from the business will be used to improve her business up to 90%.

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
  • 115
    View loans »
    Rwanda Loans Fundraising
  • $12,669,850
    Funds lent in using Kiva
  • 687.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Faina to buy more clothes like trousers, shorts and skirts for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2014
Listed
Aug 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015