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Alphonsine
Alphonsine is 25 years old, married, and has a 4 year old child. She owns a shop in which she sells several household items such as sugar, rice, salt, and more. She is requesting a loan in order to reinvest in her business. She will use the extra profits to help meet her family’s needs.

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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Alphonsine to buy additional inventory for her shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011