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Chantal
Chantal is 27 years old and married to a farmer. They have four children, three of whom go to school. She has spent 3 years selling different items in her store. With the loan, she will add more items to her store, such as rice, soaps, sugar and cooking oil to sell. She wants to use the profits to make savings. She would like to own a large shop 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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Chantal to buy more rice, soaps and cooking oil to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012