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Chantal
Chantal is 33 years old, she has 3 children between the ages 6-11 years. All her children are in school and her husband works with her. Chantal sells a traditional fabric called Kitenge. She has been selling these traditional fabrics for 5 years. She is requesting a loan to buy more fabric and make more profits. With the profits in addition to her savings, she plans to build her own 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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $17,124,425
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Chantal buy traditional fabric called Kitenge.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011