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Abadahigwa Cb Group
In this Group: Speciose, Francine, Pacifique, Aron, Mary, Marie Rolette, Immaculee, Marcelline, Elisabethe, Anathalie, Grace, Theogene, Eugenie, Verene, Pierre, Mbonabucya, Liliane, Steven, Theodomile, Anaclet, Jeanne Pauline, Xaverine, Francois, Speciose, Annualita , Safina, Clementine, Bernadette, Dative, Constantine, Maurice, Julienne, Aline
Immaculee is 37 years old. She has five children who are aged 5 to 16 years old. Some of her children are adopted. Her husband is a house constructor.

Immaculee owns a general store in which she sells different items such as cooking oil, peanuts, etc. This business has enabled her to meet the needs of her family and improve their standards of living. She needs a loan to buy more items such as cooking oil, peanuts, etc.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Rwanda

  • $1,700
    Average annual income
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $16,930,400
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A portion of Abadahigwa Cb Group's $4,825 loan helped a member to buy items to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011