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Virginie
Virginie is 30 years old, married and has two children who are eighteen and twenty-one years old. Currently, both children attend school. Virginie sells a wide variety of items such as rice, sugar, salt and many other foodstuffs, which she has done for 2 years. Her husband works as a spare parts dealer for motorbikes and cars.

Virginie will use the loan to purchase more items such as foodstuffs, soft drinks and other home products. With the new profits from her expanded business, Virginie plans to buy a plot of land where her commercial activities will be established. She dreams of having capital of two million in the future.

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
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $18,405,575
    Funds lent in using Kiva
  • 593.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Virginie to buy more items such as rice, sugar and salt to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Dec 23, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011