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Alice
Alice is 37 years old, married, and has six children who are between the ages of 6-15 years old. All her children are in school. Alice and her husband are grateful to be able to pay their children’s school fees and medical insurance.

Alice sells various products such as biscuits, brooms, shopping buckets and basins. She buys her goods at the cheapest price in the city and therefore sells it at a reasonable price which increases her clientele. She hopes to work hard and have a branch in the city where she hopes to make more profit. Alice is asking for a loan to increase her inventory in order to make more profit.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 582.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Alice purchasing more inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Sep 12, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010