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Verena
Verena is 47 years old. She is married with four children. All of the children go to school.

She has been selling food for the past year. With the loan, she would like to buy more rice, beans, sugar, sorghum, and millet to sell.

The profits from the business will be used to build a new 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

  • $1,700
    Average annual income
  • 32
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 687.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Verena to buy more rice, beans, sugar, sorghum, and millet to sell.
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