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Ruth
Ruth is 46 years old. She is married with six children between 22 and 7 years old. All of them go to school. She has been selling in a shop and has been working for the past two years. With the loan, she would like to buy more items such as sugar, soap, salt and sweets for sale. The profits from the business will be used to pay school fees, improve their standards of living and savings.

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
  • 70
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 685.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Ruth to buy more items such as sugar, soap, salt and sweets to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2014
Listed
Aug 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015