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Laurence
Laurence is 39 years old, she is married with 2 children aged 6 and 10, one of whom goes to school. She has been selling foodstuffs for 10 years. With the loan, she would like to buy more sorghum and beans for sale. The profit from the business will be used to buy land for farming.

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
  • 64
    View loans »
    Rwanda Loans Fundraising
  • $15,267,900
    Funds lent in using Kiva
  • 690.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Laurence to buy more sorghum and beans for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2014
Listed
Aug 31, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015