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Olive
Olive is 25 years old. She has two children who are ages 2 and 6. Her husband sells foodstuffs. Olive sells second-hand clothes, and she has been doing this business for two years. From this business, she has managed to buy a piece a land for which she plans to build a house for her family. She is requesting a loan to buy clothes to sell in order to make more profits. With the profits she hopes to make, she plans to begin construction of her family house.

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
  • 49
    View loans »
    Rwanda Loans Fundraising
  • $18,404,150
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Olive to buy clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011